07/30/2014Quarterly Journal of Austrian EconomicsDon Bellante
The standard theory of monopsony originated with Joan Robinson in her The Economics of Imperfect Competition (1933). This standard theory describes employers as facing upward-sloping supply curves of labor,
Volume 10, Number 3 (Spring/Summer 1989) Don Bellante discusses the fallacies of government intervention into the labor market, and how an Austrian approach provides insight into these fallacies.
