Blog
Low pay, discrimination and monopsony power in the labour market
Geoff Riley
26th January 2010
As part of our A2 micro course we are looking at aspects of labour market failure at the moment and today we cover discrimination in its different guises and the issue of possible monopsony power and wage exploitation. Here are some links to BBC news resources on this topic including some useful video clips
Knitwear workers’ low pay trap
Brazil biofuel workers exploited
Bill set to expose geneder pay gap
Restaurant tipping law to change
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.