English, Article edition: Promotion, turnover and preemptive wage offers Walter Block; Robert A. Lawson

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/22546
Physical Description
  • article
Language
  • English

Edition details

Title
  • Promotion, turnover and preemptive wage offers
Author
  • Walter Block
  • Robert A. Lawson
Physical Description
  • article
Notes
  • Purpose – The reason for writing the paper is to cast doubt on the claim that the informational asymmetries uncovered by Bernhardt and Scoones constitute a market failure. Design/​methodology/​approach – The main method used is to quote these authors, and then critically comment upon their views. The theoretical scope of the paper is the premise that markets are efficient, effective and ethical. Findings – It was found in the course of the work that Bernhardt and Scoones were in error in their contentions. Research limitations/​implications – Suggestions for future research; this paper is but the tip of the iceberg in terms of claims that markets perform badly, and are hence in need of governmental rectification. This entire literature cries out for more critical analysis. Practical implications – The public policy and practical implications emanating from this paper is that laissez-faire capitalism is the best way to organize an economy. Originality/​value – What is new in the paper is that the work of Bernhardt and Scoones on informational asymmetries has not before been subject to critical analysis from the perspective of advocates of the free enterprise system. This is valuable, in that, when claims are subject to critique, they become more reliable. It is only through dialogue and debate of this sort that one can get that in closer to the truth.
  • Employees, Information control, Jobs, Pay, Promotion
  • RePEc:eme:humpps:v:22:y:2006:i:3:p:133-138
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment