The labour market is like any other market: pay and conditions are largely determined by supply and demand, rather than through a power struggle between employees and employers. Geoff Hogbin exposes the fallacies behind the arguments for labour regulation, and makes the case for a freely functioning labour market as the best protection for employers and employees alike.

Geoff Hogbin is an economist and former Senior Fellow at the Centre for Independent Studies in Sydney, and has written extensively on the economics and politics of labour market regulation.