Future of work: The price of labour Phuah Eng Chye (19 January 2019) Wages function as an incentive to work. Edward P. Lazear explains “without compensation, the overwhelming majority of workers would not otherwise perform the tasks.” In this context, “incentives affect behaviour and that economics as a science has made good progress…of demonstrating that … “Future of work: The price of labour”
Month: January 2019
Future of work: Re-defining work (Part 6: Monetising participation)
Future of work: Re-defining work (Part 6: Monetising participation) Phuah Eng Chye (5 January 2019) The paradigm of participation[1], as compared with employment, expands the sphere of potential economic engagement. It requires establishing a platform (similar to sharing) to facilitate formal organisation for a broad range of activities to be monetised. But there is a … “Future of work: Re-defining work (Part 6: Monetising participation)”