Labor

The End of the Capitalist-Worker Dichotomy and the Rise of a New Elite?

Economists typically assume that capitalists and workers are different people. A new study, however, finds that the intersection between the top decile...

More and More Employers Are Spying on Workers Online. Federal Regulators Are Okay With It

Employers today have numerous tools at their disposal to monitor workers’ behavior and communications. Outdated federal regulations and an administration that prioritizes...

How the Covid-19 Pandemic Will Affect Four Types of Labor

A tremendous shock like that of the coronavirus totally unbalances new demand for four different types of labor. The category policymakers should be...

Antitrust Law’s Current Stance Toward Workers Violates Its Original Purpose to Balance Power With Powerful Firms

Antitrust law’s present-day bias against democratic cooperation and in favor of top-down corporate control has contributed more broadly to the institutional weakness and perceived...

Antitrust’s Monopsony Problem

Four cases from the past decade alleging employer collusion against workers show that at present, antitrust law is ill-equipped to protect workers. A root...

Western Multinationals Can Improve Workers' Safety, If They Want to: The Case of Bangladesh

In 2013, one of the largest factories in Bangladesh collapsed, killing 1,134 workers. Many multinationals committed to improving safety standards. A new study shows...

Banning Noncompete Agreements Benefits Low-Wage Workers

Examining the effects of a 2008 ban on noncompete agreements for low-wage workers in Oregon, a recent paper finds that the ban increased average...

The Lousy Job Economy: Young People Bear the Brunt of a Long-Term Decline in American Job Quality

A new study finds a steady decline in the quality of American jobs between 1979 to 2017, even as GDP has grown. This decline...

How Robert Bork Fathered the New Gilded Age

Much like in the first Gilded Age, antitrust enforcers today are hitting labor, not capital. This is thanks to Robert Bork’s radical and influential...

The Employment Effects of a Gender-Specific Minimum Wage

The first minimum-wage laws in the history of the United States were predominantly gender-specific in that they were imposing a lower bound only on...

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LATEST NEWS

Corporate Governance

Do Companies Invest In Corporate Social Responsibility At the Expense of Their Employees?

Guglielmo Briscese

The past decade has seen companies increasing investments in initiatives of corporate social responsibility (CSR), such as donating a share of profits...

Corporate Governance

Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Daniel Metzger, Philipp Krüger, Jiaxin Wu

Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z,...

News

Fahmi Quadir: “Short Sellers are Always an Easy Boogeyman”

Jana Kasperkevic

In an interview with ProMarket, short-seller Fahmi Quadir, who has shorted companies like Wirecard and Valeant, discussed the public perception of short-sellers...

Antitrust and Competition

How the FTC Protected the Market Power of Pharmacy Benefit Managers

Stacy Mitchell, Zach Freed

Pharmacy Benefit Managers (PBMs) were established in the 1960s to control drug costs but have since morphed into one of the most...

Money in Politics

Recovering from Kleptocracy: A 10-Step Program

Larry Diamond

In his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, Larry Diamond highlights 10 steps to close existing loopholes...