Introduction: Labor Economics and the Political Economy of Labor

  1. Joyce P. Jacobsen and
  2. Gilbert L. Skillman

Published Online: 14 JAN 2008

DOI: 10.1002/9780470755587.ch1

Labor Markets and Employment Relationships: A Comprehensive Approach

Labor Markets and Employment Relationships: A Comprehensive Approach

How to Cite

Jacobsen, J. P. and Skillman, G. L. (eds) (2004) Introduction: Labor Economics and the Political Economy of Labor, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch1

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631208365

Online ISBN: 9780470755587

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Summary

This chapter contains section titled:

  • THE ECONOMIC SIGNIFICANCE OF LABOR

  • Employment and labor income

  • Labor exchange in economic history

  • Labor exchange in capitalist economies

  • THE FOUNDATIONS AND HISTORICAL DEVELOPMENT OF LABOR ECONOMICS Classical foundations of labor economics

  • Three eras of labor economics

  • CENTRAL ISSUES IN CONTEMPORARY LABOR ECONOMICS

  • Is employment simply an exchange relationship?

  • Do wage disparities represent compensating differentials?

  • Can significant unemployment persist in unregulated labor markets?

  • Do unregulated labor markets yield the best economic outcomes?