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Palgrave Macmillan


A Heterodox Approach

ISBN 9781137373601
Publication Date June 2014
Formats Hardcover Ebook (EPUB) Ebook (PDF) 
Publisher Palgrave Macmillan

Labour: A Heterodox Approach provides a theoretical reconstruction of the labour and job market by examining it in a rich historical context. It explores the fundamental implications of the theories of consumption and growth and aims at solving the difficulties raised by the dominant economic theories (neoclassical, Keynesian, supply side) by taking into account the dimension of the historical conflict of the labour market and the public intervention that results from it, such as the construction of a specific legal framework – that is to say, labour law.

The work focuses on providing a description of conflict and intervention, the market's leading characteristics, and demonstrates that they can be interpreted by introducing two major remedial hypotheses in economic fundamentals. It also contributes to solving several theoretical controversies and highlights the two main perspectives on the economic regulation of the labour market.

Jean Vercherand is an economist, historian, and researcher at the French National Agronomic Research Institute. He holds a degree in Agricultural Engineering, a PhD in Contemporary History and an MSc degree in Economic Analysis. His research interests lie in two disciplines: history and economics.

General Introduction

1. The "Social Question" since the 19th Century

2. The Neoclassical Model of the Labour Market

3. The Asymmetry of Bargaining Power

4. The Dual Impact of Technical Progress

5. The Normative Implications for Labour

6. Is a Synthesis of Economic Theories Possible?

General Conclusion


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