1. Overview of the subject -- The marginal worker as a source of concern -- The marginal worker in theory -- Theories of discrimination-atomistic or structural? -- Empirical evidence of segmentation -- Policy implications of segmentation -- Neo-classical explanations and policy recommendations...

In neo‐classical economic theory labour is a commodity and the ultimate value of the employer's services is determined by the sales value of the product of these services: the cost of supply reflects both the disutility of work for the recruit and his equalisation of net advantages between...