journal article
LitStream Collection
Towards a Theory of Labour Market Organisation
doi: 10.1108/eb027787
The economist, seeking to answer the most fundamental problems of union development, can get little help from the historical literature, and is largely left to his own devices. To him the most important question is the determination of the extent to which, at different periods, the trade unions have been able to affect wages. In order to be able to answer this question at all, some theoretical apparatus is absolutely necessary.