Richard Epstein: Law and Economics of Public Sector Unions
This video podcast was originally published by the Commonwealth Foundation.
Renowned legal scholar Richard A. Epstein joins David Osborne to dissect the legal foundations and economic consequences of public sector unionization. From the early days of private labor unions to the rise of government unions, Epstein explains how collective bargaining has evolved—and why public sector collective bargaining, in his view, breach the public trust. They explore everything from the antitrust roots of union restrictions to Roosevelt’s and Kennedy’s diverging views on public unions, the fallout of the Janus decision, and why many reforms fall short. If you care about the future of labor policy, this episode is a must-listen.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
.webp)
The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
Demystifying the New Deal
Carola Binder reviews False Dawn: The New Deal and the Promise of Recovery, 1933–1947 by George Selgin
Why Is California Losing Good Jobs to Other States? It’s Not Rocket Science
The system that made California dynamic and prosperous for so long is now broken and backward-looking
.webp)
America's AI Race
Though often framed as the U.S. versus the world, the real competition is primarily between the U.S. and China.
.webp)
Industrial Policy: A Global Review
Relatively free markets and relatively free trade have brought about unprecedented economic growth and prosperity around the world.
