THE DEVELOPMENT OF THE NEOCLASSICAL TRADITION IN LABOR ECONOMICS.(bibliography included)
From: Industrial and Labor Relations Review
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Date: 1/1/2001
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Author: BOYER, GEORGE R.; SMITH, ROBERT S.
ROBERT S. SMITH [*]
This essay on labor economics examines neoclassical theory's rise to ascendancy following the second World War, with a secondary focus on the relative decline but continued influence of institutionalist economic theory. The authors describe the evolution of institutional and neoclassical theory from the late nineteenth to mid-twentieth centuries, examine some early intellectual debates between the two camps, briefly describe the work of neoclassical labor ...
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