Labor
The Profit Paradox: “What’s Good for Firms Is Not Necessarily Good for the Workers”
In an interview with ProMarket, Jan Eeckhout discusses his new book The Profit Paradox and explains how market power brings down wages, even if...
Eliminating Baseball’s Antitrust Exemption Won’t End the Georgia Political Boycott
There are good arguments for getting rid of baseball's long-standing exemption from antitrust laws, but the reason cited by Republican Senators angry at MLB’s...
Organized Mimicry: Employers Against the Free Market
"Despite all the rhetorical support for free markets, it turns out that employers would rather corner their market, not free it, especially their market...
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 of capital-income...
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 Outdated federal regulations and an administration that prioritizes employers’ interests...
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...
