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Der Bruch der Theorie in der Praxis durch Not


  • Schlicht, Ekkehart


Some Remarks on Lujo Brentano's View of Labor Market Problems Lujo Brentano (1844-1931) aimed for "realism" in economics. Regarding labor market theory, two topics are of particular interest: His investigations on "Hours and Wages in Relation to Production" (Scribner's 1894) and his analysis "On the History and Development of Gilds and the Origins of Trade Unions" (Trubner 1870). The topics of are discussed with a view on recent developments in labor economics.

Suggested Citation

  • Schlicht, Ekkehart, 2005. "Der Bruch der Theorie in der Praxis durch Not," Discussion Papers in Economics 568, University of Munich, Department of Economics.
  • Handle: RePEc:lmu:muenec:568

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    References listed on IDEAS

    1. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, Oxford University Press, vol. 97(4), pages 543-569.
    2. Gregory Clark & Robert C. Feenstra, 2003. "Technology in the Great Divergence," NBER Chapters,in: Globalization in Historical Perspective, pages 277-322 National Bureau of Economic Research, Inc.
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    More about this item


    collective wage setting; efficiency wages; union formation; local culture; organizational failures; fertility; realism;

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • J1 - Labor and Demographic Economics - - Demographic Economics

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