Labour economics examines the interaction of workers and employers through such markets to explain patterns and changes of wages and other labour income, labour mobility, and ( un ) employment, productivity through human capital, and related public-policy issues.

* Labour economics

Labour economics looks at the suppliers of labour services ( workers ), the demands of labour services ( employers ), and attempts to understand the resulting pattern of wages, employment, and income.

Labour economics can generally be seen as the application of microeconomic or macroeconomic techniques to the labour market.

Beveridge curve of 2004 vacancy ( economics ) | job vacancy and unemployment rate from the United States Bureau of Labour Statistics

From 1926 when Lloyd George became leader of the Liberals, Keynes took a major role in defining the party's economics policy, but by then the Liberals had been displaced into third party status by the Labour party.

* Labour ( economics )

# REDIRECT Labour economics

The term Rogernomics, a portmanteau of " Roger " and " economics ", was coined by journalists at the New Zealand Listener by analogy with Reaganomics to describe the economic policies followed by Roger Douglas after his appointment in 1984 as Minister of Finance in the Fourth Labour Government.

" An interviewer proposed that the characters represent Capitalism versus Labour economics.

Trade Unionist and journalist Jimmy Reid criticised Labour for failing to achieve equality, and argued that Labour's acceptance of market economics had curtailed social justice.

New Labour offered a middle way between the neo-liberal free market economics of the New Right, which it saw as economically efficient, and the ethical reformism of post-1945 Labour, which shared New Labour's concern for social justice.

New Labour embraced market economics because they believed they could be used for their social aims, as well as economic efficiency.

* Labour ( economics )

After graduating from the University of Dundee with a degree in economics he became the Senior Researcher for the Labour Party in Scotland.

* Labour economics

This was only the second time a Labour government had been in office ( they had briefly been in office in 1924 ), and few of the government's members had any deep knowledge of economics or experience of running the economy.

MacDonald's Labour Party was not radical in economic thinking, and was wedded to the orthodoxy of classical economics with its emphasis on maintaining a balanced budget at any cost.

* Wouter Bos, party leader of the Dutch Labour Party and former Minister of Finance of the Netherlands, studied political science and economics at VU

However, recession and privatisation together led to increasing strains within the Labour Party, which led to schism, and the exit of Jim Anderton and his NewLabour Party, which later formed part of the Alliance Party with the Greens and other opponents of New Right economics.

The rise of the Labour Party from about 1900 coincided with a decline in the Liberal Party, which followed the Manchester School in economics, increasingly seen as permitting unjustified exploitation.

# REDIRECT Labour economics

# REDIRECT Labour economics

More broadly, the ANL is seen as a form of anti-fascism that seeks out alliances with a broad spectrum of progressive organisations usually rooted in the Labour movement.

This experience moved the Labour Party leftward, and at the start of the Second World War an official Labour Party pamphlet written by Harold Laski argued that, " the rise of Hitler and the methods by which he seeks to maintain and expand his power are deeply rooted in the economic and social system of Europe ... economic nationalism, the fight for markets, the destruction of political democracy, the use of war as an instrument of national policy ":

The Co-operative Party seeks to advance its agenda through the Parliamentary Labour Party, with whom it shares common values.

In 1994, he established China Labour Bulletin, a Hong Kong-based non-governmental organization that seeks to uphold and defend the rights of workers across China.

ATU Network is a caucus group within the Amicus trade union which seeks to attract members and employees of Amicus who support the Labour Party and who are sympathetic to Blairism.

" In response, she points to Mary Collier's works such as The Woman's Labour ( 1739 ) to help understand Smith's contemporaneous experiences of women and fill in such gaps.

However Snowden rejected an invitation from Clifford Allen to write for the News-Letter, replying scathingly and declaring that " I really do not understand this National Labour Party ".

Penrose said: " I understand and appreciate that significant efforts were made by my Labour colleagues in Government, who fully understood the depths of my feelings in this regard, to resolve this matter, but to no avail.

Several admitted to being " members of the Labour Party but not Labour Students ," a distinction that some found difficult to understand.

He is often credited with turning the Labour Party into a fully functioning entity ; establishing an efficient organisational structure and paying off the party's debts.

Labour markets function through the interaction of workers and employers.

New Labour accepted the economic efficiency of free markets and believed that they could be detached from capitalism to achieve the aims of socialism, while maintaining the efficiency of capitalism.

Hall's political influence extended to the Labour Party, perhaps related to the influential articles he wrote for the CPGB's theoretical journal Marxism Today ( MT ) which challenged the left's views of markets and general organisational and political conservatism.

The Labour Party had traditionally feared the consequences of EEC membership, such as the large differentials between the high price of food under the Common Agricultural Policy and the low prices prevalent in Commonwealth markets, as well as the loss of economic sovereignty and the freedom of governments to engage in socialist industrial policies, and party leaders stated their opinion that the Conservatives had negotiated unfavourable terms for Britain.

Instead they urged their urban sympathizers to vote for Labour candidates, as the representatives of the urban working class.

With the exception of the first term, it has been held by the Labour Party, and for seven years was held by Ramsay MacDonald, the Prime Minister in 1924 and from 1929 to 1935.

The party gained ground in the 1923 general election but ominously made most of its gains from Conservatives whilst losing ground to Labour – a sign of the party's direction for many years to come.

But instead of trying to force the opportunity to form a Liberal government, Asquith decided instead to allow Labour the chance of office in the belief that they would prove incompetent and this would set the stage for a revival of Liberal fortunes at Labour's expense.

With many traditional domestic Liberal policies now regarded as irrelevant, he focused the party on opposition to both the rise of Fascism in Europe and the appeasement foreign policy of the British government, arguing that intervention was needed, in contrast to the Labour calls for pacifism.

The agreement lasted from 1977 to 1978, but proved mostly fruitless, for two reasons: the Liberals ' key demand of proportional representation was rejected by most Labour MPs, whilst the contacts between Liberal spokespersons and Labour ministers often proved detrimental, such as between finance spokesperson John Pardoe and Chancellor of the Exchequer Denis Healey, who were mutually antagonistic.

The origin of the party can be traced back to the ideological divisions in the Labour Party in the 1950s ( with its forerunner being the Campaign for Democratic Socialism established to support the Gaitskellites ), but publicly lies in the 1979 Dimbleby Lecture given by Roy Jenkins as he neared the end of his presidency of the European Commission.

Eddie Milne at Blyth ( Northumberland ) and Dick Taverne in Lincoln were both victims of such intrigues during the 1970s, but in both cases there was enough of a local outcry by party members – and the electorate – for them to fight and win their seats as independent candidates against the official Labour candidates.

In Taverne's case, he had been fighting efforts by the Lincoln Constituency Labour Party to deselect him largely over his support for British membership of the European Communities.

The final straw for many in the Manifesto Group was the behaviour of former Chancellor of the Exchequer Denis Healey at a meeting with them during the Labour leadership campaign to replace James Callaghan.

Ivor Crewe and Anthony King found five defectors who claimed to have voted for Foot in order to saddle Labour with an unelectable leader and make life easier in their new party.

Democratic, Democratic Labour, and Radical were all mentioned as possible names for the new party, as well as New Labour ( which future Labour leader Tony Blair would use to promote the Labour Party more than a decade later ) but eventually Social Democratic was settled on because the ' Gang of Four ' consciously wanted to mould the philosophy and ideology of the new party on the Social Democracy practised on mainland Europe.

Claret is an " agreeable " wine, and a metaphor for the party's harmonious internal relations compared to those of the strife-torn Labour Party of the period.

On 6 May 1997, following the 1997 general election which brought a Labour government to power for the first time since 1979, it was announced by the Chancellor of the Exchequer, Gordon Brown, that the Bank of England would be granted operational independence over monetary policy.

Henry McLeish, Labour First Minister of Scotland, failed to refund the House of Commons for income he had received from the sub-let of his constituency office in Glenrothes while still a Westminster MP.

Tessa Jowell, Labour cabinet minister, embroiled in a scandal about a property remortgage allegedly arranged to enable her husband to realise £ 350, 000 from an off-shore hedge fund, money he allegedly received as a gift following testimony he had provided for Silvio Berlusconi in the 1990s.

A story was running at the time that Dr Chai Patel and others had been recommended for Life peerages after lending the Labour party money.

Following revelations about Dr Chai Patel and others who were recommended for peerages after lending the Labour party money, the Treasurer of the party, Jack Dromey said he had not been involved and did not know the party had secretly borrowed millions of pounds in 2005.

Under the Labour government of James Callaghan, a review by Lord Beswick had led to the reprieve of the so-called ' Beswick plants ', for social reasons, but subsequent governments were obliged under EU rules to withdraw subsidies.

His first taste of ministerial office came in 1924, when he served as Under-Secretary of State for War in the short-lived first Labour government, led by MacDonald.

In 1930, Labour MP Oswald Mosley left the party after its rejection of his proposals for solving the unemployment problem.