Labor

Editors’ Briefing: On Our Radar This Week (Jan. 29–Feb. 2)

This week in political economy.   As cities across America continue to compete for Amazon’s second headquarters, Federal Reserve Bank of Minneapolis President Neel Kashkari...

New Study Shows Just How Bad the US Labor Market’s Competition Problem Really Is

In recent decades, antitrust policy has all but ignored the issue of monopsony power. Yet a new paper shows that across the US economy,...

Antitrust in the Labor Market: Protectionist, or Pro-Competitive?

Redirecting antitrust enforcement to confront monopsony power would be a substantial departure from the way it has been conducted in recent decades, but just...

The Rise of Market Power and the Decline of Labor’s Share

A new paper argues that the decline of the labor and capital shares, as well as the decline in low-skilled wages and other economic trends, have been...

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