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Ideas Versus Ideology: The Origins of Modern Labor Economics

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  • LOWELL GALLAWAY
  • RICHARD VEDDER

Abstract

Starting with its early twentieth century origins, the development of Labor Economics is traced to the present. We describe an intellectual revolution in which an earlier tradition that focused primarily on the institution of the labor union has been replaced by a perspective that emphasizes the various roles played by labor markets in an economic system. That earlier tradition contained very significant ideological elements, whereas its successor deals much more with the world of ideas. In the course of the debate, which still continues, ideas triumphed over ideology and created modern Labor Economics.

Suggested Citation

  • Lowell Gallaway & Richard Vedder, 2003. "Ideas Versus Ideology: The Origins of Modern Labor Economics," Journal of Labor Research, Transaction Publishers, vol. 24(4), pages 643-668, October.
    • Handle: RePEc:tra:jlabre:v:24:y:2003:i:4:p:643-668
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    Cited by:

    1. Steve Fleetwood, 2007. "Austrian economics and the analysis of labor markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(4), pages 247-267, December.
    2. Ionut-Alexandru Horhogea, 2021. "What is the Pulse of Businesses in a Digitalised Era?," RAIS Conference Proceedings 2021 0098, Research Association for Interdisciplinary Studies.
    3. Franck Bailly, 2022. "When mainstream economics does human resource management: a critique of personnel economics’ prescriptive ambition," Post-Print hal-03711945, HAL.
    4. Frank Bailly, 2022. "When mainstream economics does human resource management: a critique of personnel economics' prescriptive ambition," PSL Quarterly Review, Economia civile, vol. 75(301), pages 103-117.

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