Thanks to this shallow, thin and quasi-monopsonistic job market, aspiring professors know that whenever a job does arise, you go where it takes you and whether or not it suits you and your family. Or, ...

Although the huge federal Medicare program and the federal-state Medicaid programs do possess some monopsonistic purchasing power, and large private insurers may enjoy some degree of monopsony ...

Supporting a position does not mean that we abandon nuances. Yet, this is what has happened to all ‘respectable’ economists aka free trade purists.

In a single-payer approach, in contrast, the government becomes the monopsonistic-buying-power half of the market itself. Proponents argue that single payer is the one system capable of fully ...