I don't think that Abramovitz wrote such an article. Also, I think that it is unfair to tar him as a neoclassical economist. He was much broader.
"Devine, James" wrote: > Fred Guy writes:>Steedman tried the same thing with efficiency wage theory a > couple of years back, in Metroeconomica, exchanging shots with both Herb > Gintis and Peter Skott. Steedman doesn't like functions that treat things we > can't measure, like effort and knowledge, as variables with cardinal > orderings. The substance of the paper below is his repeated contention that > this practice doesn't make sense.< > > Steedman is following the hard-core empiricist tradition? (Even behaviorist > psychologists sometimes accept the role of unmeasured or unmeasureable > "intervening variables" and so reject this kind of empiricism.) Doesn't he > come from the Cambridge (U.K.) growth theory vision? A lot of the stuff in > that school's growth theory can't be measured, either. The idea that the > economy is on a wage/profit curve is a theoretical, not an empirical, one, > since each point on the curve is a steady-state equilibrium (i.e., unreal). > > Mat F. writes: > Haven't seen the Steedman paper yet, but there are a number > of papers by Heinz Kurz and Kurz and Salvadori that are pretty devastating > critiques of 'new' growth theories. One is called "Old Wine in New > Goatskins".< > > Didn't Moses Abramowitz have an article in the prestigious JOURNAL OF > ECONOMIC PERSPECTIVES (edited by pen-l alumnus, Brad de Long, though maybe > not at that time) about new growth theory which included "old wine in new > bottles" in its title? Abramowitz is an old-fashioned neoclassical. > > > On efficiency wages as an explanation of wage differentials by race and > gender, both Darity and Rhonda Williams have some pretty severe criticisms.< > > what are these criticisms? (It seems to me that so-called efficiency wages > can only be a very small part of any theory of such wage differentials.) > > Jim Devine -- Michael Perelman Economics Department California State University [EMAIL PROTECTED] Chico, CA 95929 530-898-5321 fax 530-898-5901
