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Mr Jaitley can sidestep the difficult politics of curbing privileges by establishing a new, simpler labour contract that gives basic protection to workers but makes lay-offs less costly to firms.
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Third was a "technical transformation", as firms shunned simple labour arbitrage in a drive for quality.
The basic stakes are simple: Labour in opposition needs to gain votes, win seats and take control of councils.
We use a simple labour supply model to simulate expected responses to seed capital.
This section presents micro-simulation results on the predicted effect of seed capital based on the simple labour supply model described in the previous section.
By contrast, turnout in Labour-friendly Newham was 36.1%, making a simple Labour-core vote strategy, based on the inner cities, fruitless.
Osborne has been remarkably successful in spreading a much simpler message: Labour left the cupboard bare after 13 years of wanton profligacy.
In simple static labour demand models, a hiring subsidy reduces an employer's labour cost (Bell et al. 1999); public employment provision might have the same effect.
By the end of the First World War most of the more complicated tasks in the remaining mines had been mechanised, and those bal maidens who remained in work were restricted to simple manual labour of physically moving ore, spalling and overseeing the buddling frames.
They have more money, more press support and a simpler message than Labour.
A second vote on a simpler motion by Labour to simply drop the bill was defeated by 258 to 314.
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