Michael J. Piore

Updated at: May 21, 2007, 2:06 a.m.

Michael J. Piore is the David W. Skinner Professor of Economics and Management at MIT's Department of Economics.

Professor Piore is a labor economist, best known for the development of the concept of the internal labor market and the dual labor market hypothesis, and more recently for work on the transition from mass production to flexible specialization. He has worked on a number of labor market and industrial relations problems including low income labor markets, the impact of technology upon work, migration, labor market segmentation, and the relationship between the labor market, business strategy and industrial organization. The central theme in Piore's work is the social, institutional, and cognitive dimensions of economic activity.