We begin by examining the fundamentals of monopsonistic wage determination. The core of the theory is a mapping from the distribution of worker outside options to wages. We study non-parametric shape ...

Higher Education Committee plays a key role in aligning higher education and scientific research strategies with public ...

An expert Q&A on the antitrust issues that can arise for companies when making business decisions that affect employees or ...

The "China Shock" is revisited, and it raises questions about why economists failed to see the costs of free trade.

Socialists are often accused of ignoring or downplaying racism, or objectionably “reducing” it to class. But this ignores a ...

Marxian political economy and labor theory focus on the dynamics of capitalism ... the reduction of complex social differences to mere market relations, highlighting the need for a more nuanced ...

During the COVID-19 pandemic in Australia, hiring discrimination against ethnic minorities applying for leadership positions significantly decreased ...

He went from the No. 2 overall NFL draft pick in 2018 to expendable as a New York Giant a few years later. Now, Eagles running back Saquon Barkley is on the verge of breaking a rushing record set back ...

As the implications of the first Labour Budget in 14 years are being ... increased for property - a huge surprise. I have my own theory on this - the rumours of an increase had already propertied ...

For Q4 2024, the Harding Loevner International Equit composite fell 8.6% (gross) behind the 7.5% decline of the MSCI ACWI ex ...

In the heart of our great nation, growing concerns resonate with every American: The diminishing prospects for white-collar jobs, inflation, and our skyrocketing national debt.