An old application note from Intersil on comparison of CRT and LCD regarding display flicker. Link here (PDF)
When comparing CRT to LCD screens, one of the most popular differences is the issue of flicker. It is a common assumption that CRT screens flicker while LCD screens do not. In truth, both screens have some amount of flicker. The mechanisms are different and methods for correction have varying amounts of success. This appnote presents the cause of flicker in LCD screens and offers a solution for avoiding flicker by using our ISL45041/2 LCD Module Calibrator in LCD panels.