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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Services in Economic Thought: Three Centuries of Debate

Services in Economic Thought: Three Centuries of Debate

Heesterman, Aaart R.
Delaunay, Jean-Claude
Gadrey, Jean

Hardcover

Series: International Studies in the Service Economy, Book 3

Business GeneralEconomicsGeneral Political Science

ISBN10: 0792392302
ISBN13: 9780792392309
Publisher: Springer
Published: Apr 30 1992
Pages: 130
Weight: 0.85
Height: 0.38 Width: 6.14 Depth: 9.21
Language: English
Services today account for a major share of employment and national product in the U. S., with the employment share up from 57 percent immediately post-war to well over 70 percent today (if communications, utilities and transportation are included). This transformation (which is also occurring with varying lags in the othereconomically advanced economies) is driven by a variety of forces: by changes in consumer demand, by the rising demand for health and educational services, by new ways in which businesses are organized and the increasing importance ofcertain functions (e. g. new demands for monitoring, financing, sales promotion, and responding to regulatory agencies), and, closely related, by the continuing advances in electronic technology. Moreover, these multiple transformations have been accompanied by changes in the way work is carried out (e. g. the dramatic increases in the utilization of white collar workers, particularly professionals and managers, and the employment of women and educated workers), and by shifts in the location of work and of the population (e. g. rising importance of key cities within the urban system and of suburbs generally). The role of services in modem capitalistic economies is not yet integrated into the body of economic theory, although the need for such integration, especially as regards theories ofgrowth, market structure, and pricing, is critical. Some economists and sociologists, however, have since the days of Adam Smith, dealt with certain aspects of the role of services.

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