Published online by Cambridge University Press: 01 January 2023
Proponents of voluntary exchange in labour markets place great reliance on the contract of employment as an appropriate vehicle for the practical implementation of their exchange model. This paper argues a contrary view and suggests that the contract of employment may not be an appropriate vehicle for the voluntary exchange of labour.
Modified version of a paper delivered at the X1 Conference of the H R Nichols Society, “The Law and the Labour Market”, Adelaide, September 20–22, 1991.