Word: freeman
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Dunlop, long considered the godfather of labor economics, advised Freeman on his 1969 dissertation, and he has similar praise for the duo's work. "Their book has the virtue of crisply recognizing that labor organizations may have some adverse effects on the economy and in addition may have some very favorable impacts on industry and the economy in general...
...Freeman, a native of Newburgh, N.Y., attended Dartmouth as an undergraduate before coming to Harvard to obtain his doctorate. He taught at the University of Chicago from 1970 to 1973, after which he returned to Harvard as a junior faculty member, gaining tenure in the late 1970s. Most of Freeman's early work focused on external labor markets, in simple terms, this meant the problem of finding a job. As his mentor Dunlop has done. Freeman has chosen to publish his research in books, rather than in articles in technical journals, which he says are often forgotten. Before What...
...according to students of Freeman, economics is not his only passion. Second-year law student Glen A. Fine '79, who wrote his undergraduate Economics thesis under Freeman, describes the professor's love of professional wrestling; in addition. Freeman is said to have a terrific bank shot styled after the Boston Celtics' Sam Jones...
...same time Medoff was doing work on internal labor markets, Freeman was publishing reports for the Department of Labor and the American Economics Association on the positive effects unions have on productivity because of reduced turnover. After meeting at Harvard, the two decided in 1976 that by pooling their combined knowledge of internal and external labor markets, they could write a comprehensive study of unions...
...Freeman says that the two already sensed there was ample evidence in favor of unions even before the formal research began. "We knew that there was something sitting there and things came out more or less consistent with our earlier data," he says...