Recent technological developments are transforming the basic terms of worker compensation. Rather than receive a salary or predictable hourly wage, workers in the on-demand economy are often paid using opaque and constantly fluctuating formulas, allowing firms to personalize and differentiate wages in order to influence worker behavior. These payment schemes. . .
Barry Maguire on the alienation objection to efficient markets, Evelyn Atkinson on Telegraph Torts, and eight friends of the blog on the FTC’s proposed rule to ban non-compete agreements. Plus, a new citywide LPE group in NYC, a junior scholars workshop in NYC, an LPE reading group in Toronto, two great upcoming events, and Matt Stoller on l’affaire Hovenkamp.. . .
Eight friends of the blog offer their initial reactions to the FTC’s proposed rule to ban non-compete agreements.
As we grapple with the law’s ability to address today’s most powerful corporations, one interesting yet largely forgotten set of cases can help us find our bearing: the “death telegram” cases. These suits involved claims for emotional distress against telegraph corporations for failing to deliver telegrams involving the death or illness of. . .
Through redistribution, or perhaps a scheme cooperative ownership, we can mitigate inequality while still harnessing the power of markets. This is, at least, the promise of market socialism. Yet all markets, even socialist markets, require its participants to act with a certain set of motives if they are to produce efficient outcomes. And it is these motives. . .
The week in review: a pair of posts by Amy Kapczynski about recent attempts to think beyond neoliberalism, Lina Khan defends the FTC’s proposal to ban noncompete agreements, and you have three days to submit a proposal to the emerging scholars LPE workshop. Plus, some great upcoming events!
Setting aside their habit of quoting Augustine, the post-neoliberal right can at times sound surprisingly like fellow travelers in their critique of the market. So how does their vision of life after neoliberalism differ from our own? And what does their arrival on the scene mean for the LPE movement?
Neoliberalism, we are increasingly told, has one foot in the grave. It is worth, then, thinking seriously about what comes next. What paradigms might replace it, or give it one more mutated form? One possibility, gaining attention in mainstream progressive policy circles, is what some call “productivism” or “supply side liberalism.” But. . .
Caroline and James highlight some of their favorite posts from 2022.
Raindrops on roses and whiskers on kittens: Matt, Ann, & Brett highlight some of their favorite posts from 2022.
From Antitrust to the Young Lords: a list of everything we published in the past year.
The ongoing debate about “permitting reform” raises fundamental questions of law, political economy, and democracy. Seven friends of the Blog reflect on the limits of the current discourse and new horizons for reform.
Renewed attention to industrial policy has the potential to accelerate decarbonization and expand our productive capacities. If we are to realize this promise, however, we must guard against the diversion of public investment to private coffers. In this post, Lenore Palladino, Reed Shaw, and Will Dobbs-Allsopp explain how the Biden Administration can limit. . .
Lauren van Schilfgaarde and Dana Powell conclude our symposium on A Nation Within. Plus, a hot new issue of the JLPE, Melinda Cooper on the family office, a CFP on money as a democratic medium, Karen Tani interviewed at Death Panel, and Luke Herrine on the relationship between antitrust and consumer protection.
In the sci-fi short, The Sixth World, filmmaker Nanobah Becker poses the unthinkable: Diné people on a space mission to colonize Mars. Yet, in Becker’s telling, colonizing Mars is not a linear journey into a post-apocalyptic future, but is instead part of a genre of indigenous futurism and “decolonizing encounters.” Ezra Rosser’s A Nation Within. . .