Debating Equal Pay for All: Economy, Practicability and Ethics

Foreword
	References
Praise for Debating Equal Pay for All
Contents
Notes on Contributors
List of Figures
List of Tables
1: Background and Introduction: Why Debating Equal Pay for All?
	Book Content: The Chapters and Their Arguments
		Part I: Against Equal Pay for All
		Part II: Against Equal Pay for All But for Equal Minimum Income for All
		Part III: Toward Increased Pay Equality
		Part IV: For Equal Pay for All
		Part V: Afterword
	References
Part I: Against Equal Pay for All
	2: Equal Pay for All: An Idea Whose Time Has Not, and Will Not, Come
		What, Exactly, Is EPI?
		On the Inefficiency of EPI
		The Empirical Work on Justice
		References
	3: Universal Equal Pay Wrong-foots the Distribution of Incomes
		Distribution of Individual Wages
		Distribution of Household Incomes in Relation to Wages
		Important Implications
		Conclusions
		References
	4: More Onerous Work Deserves Higher Pay
		The Luck Challenge Examined: Deserving to Deserve
		Compensatory Desert: Why Responsibility Is Not Required
			Does Work Come with Different Goods and Bads?
			Do People Choose Their Job?
			The Compensatory Desert Principle
		Compensatory Desert in Practice
		Objections
		Conclusion
		References
	5: Equal Pay for Knowledge Workers in Academia: An Unrealistic Proposition
		Knowledge Worker, an Idealistic Call or Just Another Job
		Do We Need Incentives?
			Unequal Pay for Individual Motivation
			Unequal Pay as a Tool for Change
			Competition and Unequal Pay
		Pay Versus Other Incentives
			Honors
			Special Privileges
			Differentiated Pay
		Conclusions
		References
Part II: Against Equal Pay for All But for Equal Minimum Income for All
	6: Equal Pay: A Floor Not a Ceiling
		The Equal-Pay Proposal
		The Economic Functions of Unequal Wages
		The Immorality of Equal Pay
			EPP Is Not Egalitarian
			EPP Infringes Liberty
			EPP Is Unfair to Sellers
			EPP Is Self-defeating
		An Equal Minimum, Not an Equal Maximum
		Conclusion
		References
	7: Limiting Insecurity, Not Opportunity
		Introduction
		The Economy Today
		Equal Wages
		Basic Income
		Conclusion
		References
Part III: Toward Increased Pay Equality
	8: A “Middle Way” Between the Free Market and Full Equality: A Pay Ratio
		The Scale of Pay Inequality
		The Right’s Rejection of Egalitarianism
			The Either/Or Dichotomy
			Greater Equality Entails State Control
			The Rich Are Wealth Creators
			Pursuing Equality Will Cause the Rich to Emigrate
		The Case for a “Pay Ratio”
		A “Pay Ratio”: An Idea Whose Time Has Come?
		Conclusion
		References
	9: Closing the Gap: The Benefits of Lowering Pay Ratios
		Introduction
		Fairness, Pay Ratios, and Public Expectations
		Examining Policy Initiatives
		Conclusion
		References
	10: How Fair Is Equal Pay? The Need for a More Balanced Perspective
		Introduction
		Arguments for Pay Equality
			What Are the Benefits?
			Where Pay Equality Might Work?
		Arguments Against Pay Equality
			Resolving These Arguments and the Way Forward for a Modern, Progressive Economy
		References
	11: Are There Moral Limits to Wage Inequality?
		Wage Inequality in Labor Markets
		Freedom, Coercion, and Wage Offers
		Moral Limits to Wage Inequality
		References
	12: Equal Pay for a Green Future
		Introduction
		Income Gaps and Job Losses
		Globalization and Technology Unemployment
		Climate and the Natural Environment
		Toward a New Agenda
			An Absurdity Perspective
			A “Dugnad” Perspective
		Ingredients of a New Agenda
			Taxation for Inequality
			Taxation for Climate and Environment Mitigation
		Helplessness, Security and Flourishing
		Concluding Remarks
		References
Part IV: For Equal Pay for All
	13: Can a Honduran Have What a Norwegian Has? Equal Pay for All Countries: An Exploration
		Two Leaps in Scale
		Inequality between Countries
		Distributive Justice: Theories and Experiments
		An Actual Test
		Solutions: Mechanisms and Policies
		Conclusions and Recommended Reading
		Appendix
		References
	14: Economic Equality as a Precondition for Democracy and Social Justice
		Introduction
		Part I
		Part II
		Part III
		Conclusion
		References
	15: Defending Equal Pay for All Against Objections from the Achievement Principle
		What Is the Achievement Principle?
		The Achievement Principle as Justification for Unequal Pay
		A Rejoinder in Four Points
		Conclusion
		References
	16: Equal Pay as a Precondition of Justice?
		Introduction
		Equality and Justice
		The Just World Fallacy
		An Argument for Equal Pay
		Concluding Remarks
		References
	17: Equal Pay for All (Per Hour Worked)
		References
Part V: Afterword
	18: Afterword: Equality, Not Equal Pay—Distributional Justice Beyond Money
		Introduction
		Money as a System of Production
		Money as a Labor-Driven Phenomenon
		Differentiated Output, Differentiated Value
		Universal Commons, Not Equal Pay
		Conclusion
		References
Index