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.
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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.
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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.
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The Revenge of the Supply-Siders
Trump would do well to heed his supply-side advisers again and avoid the populist Keynesian shortcuts of stimulus checks or easy money.
U.S. Can’t Cave to Europe’s Anti-Growth Agenda
One does not have to support protectionist tariffs or protracted trade wars to see why Washington needs to continue using trade to pressure Eurocrats to give up micromanaging tech platforms and supply chains around the world.
