Labor Market Disputes: A Comment on Albert Rees’ ‘Fairness in Wage Distribution’

Journal of Interdisciplinary Economics, Vol. 7, 1996

22 Pages Posted: 15 Jul 2011

See all articles by Walter E. Block

Walter E. Block

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

Date Written: July, 13 2011

Abstract

Albert Rees criticizes neo classical labor economics for paying too little attention to fairness and utility function interdependence. As a result, he claims, this theory cannot fully come to grips with wage determination as it actually exists in the real world. The present author takes issue with Rees, and attempts to defend traditional labor economics against his criticisms.

Suggested Citation

Block, Walter E., Labor Market Disputes: A Comment on Albert Rees’ ‘Fairness in Wage Distribution’ (July, 13 2011). Journal of Interdisciplinary Economics, Vol. 7, 1996. Available at SSRN: https://ssrn.com/abstract=1885070

Walter E. Block (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)

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