This new ToUChstone pamphlet challenges the neo-liberal assumption that economic success is contingent upon weakly regulated labour markets. Based on an extensive evidence review of the economic literature, it demonstrates that the case for unfettered free markets has been badly discredited and that fairer rights for workers are compatible with economic success — as well as bringing far better social outcomes.
The authors (Stewart Lansley and Howard Reed) prove that despite the siren voices from the business lobby, fair regulation is an essential part of modern labour markets. If economic policy was based on evidence, the UK would be making immediate moves towards a new model — promoting both growth and fairness.
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