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The asymmetry hypothesis between entrepreneurs and employees: standard or exception in the history of economic analysis?

L’hypothèse d’asymétrie entre entrepreneurs et salariés: norme ou exception dans l’histoire de l’analyse économique ?

Nicolas Piluso () and Thomas Ruellou
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Thomas Ruellou: PHARE - Philosophie, Histoire et Analyse des Représentations Économiques - UP1 - Université Paris 1 Panthéon-Sorbonne

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Abstract: The purpose of this article is to show that from a history of economic thought perspective, the institutional hypothesis of asymmetry between entrepreneurs and employees, which implies that the employment level is determined by entrepreneurs alone, is particularly common. It would therefore constitute a standard, far from what orthodox economists and most economics textbooks suggest by presupposing that the level of employment would be jointly determined by supply and demand.

Keywords: unvoluntary unemployment; restricted Say law; wage; asymetric salary relationship.; chômage involontaire; loi de Say restreinte; rapport salarial asymétrique; salaire (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-his, nep-hpe and nep-mac
Note: View the original document on HAL open archive server: https://hal.science/hal-03048816v2
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Published in Interventions Economiques : Papers in Political Economy, 2020, 65, ⟨10.4000/interventionseconomiques.11708⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03048816

DOI: 10.4000/interventionseconomiques.11708

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