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When mainstream economics does human resource management: a critique of personnel economics' prescriptive ambition

Author

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  • Frank Bailly

    (LASTA - Université de Rouen Normandie, France)

Abstract

With the impetus of Edward Lazear, personnel economics has established itself as a particularly dynamic area of mainstream labour economics. It aspires to provide the best solutions to the practical problems that human resource managers encounter. The following paper aims to do the following: summarize the criticisms of personnel economics made from the perspective of heterodox economics, add a new criticism, and show how these criticisms, taken together, lead us to conclude that modes of labour management are legitimate subjects of debate, contrary to Lazear's beliefs.

Suggested Citation

  • 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.
    • Handle: RePEc:psl:pslqrr:2022:22
    as

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    File URL: https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/17639/16861
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    References listed on IDEAS

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    More about this item

    Keywords

    labour economics; personnel economics; heterodox economics; prescription; imperialism; discussion of HRM decisions;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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