'In fact, Jeremy Horpedahl has my favorite chart'

Music to my ears (thanks Noah Smith 🐇🇺🇸🇺🇦)

(Technically Arin Dube chart)

asiatimes.com/2024/04/americ…

Waiting for the Fed to. Even if you buy Arin Dube's argument that wages and 'productivity' will co-move in response to eliminating non-competes, wage growth will be what shows up more clearly and first and will impact their assessment of PCE's trend.

Not all corporate pricing decisions maximize profit.

abcnews.go.com/amp/GMA/Food/r…

Relevant funders should really put in some $$$ and do ads to educate workers about the landmark FTC ban on non-competes. This will likely be a low-hanging fruit in translating rule change to wage gains and mobility.

Turns out that gold standard experimental evidence finds monopsony power in a completely unregulated online market.

The claim that a more competitive labor market 'only ends up in a race to bottom' is at odds with empirical facts that spurred my original post. Which only reinforces the idea that we should learn from data and update theories accordingly (neoclassical, heterodox, or otherwise).

Around 75 years after the failure of CIO's operation Dixie to organize industrial unions in the South, the UAW has unionized a VW plant in TN by huge margins. Could have important ramifications at other manufacturing plants in the South.

Not true. The 'free labor market' is one where employers exercise substantial wage setting power.

Arin Dube Hi minimum wage researcher, mind your research conduct and your tone while you warn me and hit me for mine. @harvard Massachusetts Institute of Technology (MIT) Science Magazine nature

1/ A great deal written about the FTC's decision to end non-compete clauses. I particularly recommend threads by Arin Dube and John W Lettieri on the labor/monopsony issue.

Let me make a couple other points, about business benefits.
ftc.gov/news-events/ne…

kevin Tart 🔆 ETF Godfather Arin Dube who backs the currencies used in black markets?

This is why this NYT headline is dumb, and just buys into the 'preserve norms' narrative.

Johnson actually didn't abide by norms. He stopped abiding by a screwed-up GOP norm called the Hastert Rule, which allowed for a saner outcome to emerge.

I think American workers are starting to win again.

University administrators need to step back, and do some thinking about their behavior (and those of their agents) over the past week.

And ask if this is really the path they want to go down.

Why does the U.S. Chamber of Commerce hate dynamism in the American economy, where workers are free to move to the best opportunities, and companies are free to recruit the best talent?

Between Starbucks and Volkswagen, what's striking is a number of salient victories in organizing new employers in very different contexts. By themselves they are drops in the bucket. However, their prominence can lead to spillovers by showing how organizing can yield payoffs.

We can solve of lot of dysfunction in this country if we reduced the cost of coalitional politics like this. It reduces the ability of a small minority to hold America hostage on issues that have broad majority support.

Arin Dube not insane at all, this is standard procedure for cops: assault someone and then charge them with resisting arrest.

Pushing Left Niskanen Center Arin Dube In previous work with Will Raderman, I recommended moving UI to a 75% replacement rate (compared to the ~40% most states have now). niskanencenter.org/wp-content/upl…