Making the labor market work
Noncompete Agreements Are Bad for Employees and the Economy
The free flow of employees and ideas encourages innovation. Just ask Silicon Valley.
Too much of a good thing
Profits are too high. America needs a giant dose of competition
The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
Pluralistic: All bets are off (29 Jan 2025) – Pluralistic: Daily links from Cory Doctorow
When unions are outlawed, only outlaws will have unions. Unions don't owe their existence to labor laws that protect organizing activities. Rather, labor laws exist because once-illegal unions were formed in the teeth of violent suppression, and those unions demanded – and got – labor law.
Antitrust, the App Store, and Apple
Apple’s case before the Supreme Court is about standing; Apple has a strong case. That, though, doesn’t mean the App Store isn’t a monopoly — and that Apple isn’t increasing…
Lawsuit says Anthropic, OpenAI, Google and SpaceXAI of illegal agreement to slow AI
Anthropic CEO acknowledged potential antitrust hurdles, writing that it would assist if the US government were to mediate ‘or at least enable’ cross-lab discussions
Distinguishing Labor from Work - Aaron Ross Powell
We should get rid of the former, if we can, but we should absolutely keep the latter.
Distinguishing Labor from Work · Aaron Ross Powell
We should get rid of the former, if we can, but we should absolutely keep the latter.
When Does Worker Ownership Work? ESOPs, Law Firms, Codetermination, and Economic Democracy
We Found The Radical Solution That Could End Corporate Monopolies
The AI Layoff Trap
If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on. We show that knowing this is not enough for firms to stop it. In...
SCOTUS Rules That U.S. Corporations Can Profit from Child Slavery Abroad | EarthRights International
June 17, 2021, Washington, D.C — Today, the U.S. Supreme Court issued a decision in Nestlé USA Inc. v. Doe, a case involving claims against U.S.-based Nestlé and Cargill for profiting from, and abetting, child labor on cocoa plantations in West Africa. The plaintiffs allege that as 12-to-14-year-olds, they were trafficked from Mali to Côte d’Ivoire, […]
Employment protection legislation reforms and the rising cost of job loss
A widely cited argument in favour of easing employment protection rules is that greater flexibility in hiring and firing can lead to increased job matching efficiency and productivity, but this may come at a cost for certain groups of workers. This column examines the impact of the 2012 ‘Fornero Reform’ in Italy, which lowered the legal and financial risks associated with dismissals for employers in order to encourage firms to offer more open-ended contracts and thus help bridge the divide between permanent and temporary employment. In practice, the reform increased the cost of job loss, particularly for younger and more vulnerable workers.
Opinion | One Senator’s Plea for Tariff Breaks
How protectionism works in practice: Public support, but seeking exemptions in private.
Do you mean “can the arts business model survive monopolies?” Half of the story here is of concentration of power in a quasi-monopsony (eg Spotify) and a de facto monopoly (LiveNation). That’s what’s actually killing the arts.
Joey Politano🏳️🌈
Can the arts business model survive AI? Perhaps the best guide is to look at how the arts survived past tech revolutions Take music—internet piracy and then streaming killed the lucrative CD market, but musicians mostly saved their jobs by focusing much more on live concerts
