Friday, December 24, 2010

Labor vs. labour economics

Further to Martin's post below, here is a comparison of labor economics with labour economics. It seems both are in decline. The blue line is labor. What caused the two series to almost converge in the early 1970s and then drift apart I wonder? I guess there will be a new discipline of culturometrics. Is that a word? It is now.

1 comment:

Martin Ryan said...

From looking at this chart, one might suggest that labo(u)r economics took off in the States in the 1930's, but that the same thing didn't happen in Europe until the 1960's.

Also, the Great Depression may have been a push-factor for more enhanced economic study of labo(u)r in the States.