Hot off the presses, I propose a way to appraise and tax the value that employers capture by imposing mandatory arbitration and other coercive dispute resolution terms on their workers. Hey employers, that income is gross: https://t.co/iquXV3kLOf
In their Article, @JacobSGoldin (@StanfordLaw) and @AJurowKleiman (@LoyolaLawSchool) analyze child-claiming rules in social safety net programs, arguing for policy design that supports children from familial structures of all kinds: https://t.co/RPPzFCMpsW
In light of the Biden's upcoming executive order on noncompetes, here's a new working paper that has implications for how we should think about any rule the FTC develops. A brief 🧵
"Subjective Beliefs about Contract Enforceability" with @jjprescott2009
https://t.co/teoqXy1NTR
Statement of FTC Chair Lina Khan and Antitrust Division Acting Assistant Attorney General Richard A. Powers on Competition Executive Order’s call to consider revisions to merger guidelines: https://t.co/77OrQx1vqN
In my paper with @MichaelLipsitz and @KurtLavetti we show exactly this: when noncompetes are enforceable, workers are unable to leverage a tightening in the labor market to secure wage gains, shutting down a key channel of wage growth https://t.co/N8PFSnTRjB
Biden describes non-compete clauses as "ridiculous" in how prevalent they are across industries
"If your employer wants to keep you, he or she should have to make it worth your while to stay," he says
1. Today’s Executive Order on competition launches an important cross-government effort to re-center antimonopoly policy as a key tool for promoting a fair and thriving economy. https://t.co/BmQpTVcqRi
@evanpstarr We should tax a firm that uses an unenforceable noncompete because by constraining employee mobility, that firm has income. Income from illegal activities is still income. Also federal antitrust law including 15 U.S. Code § 15 could support treble damages.
I've read the Weisselberg indictment. If we take its assertions as true, this is no ticky-tack, or foot fault, or debatable case of tax fraud. You might as well repeal the federal, state, and city income taxes as discover this sort of conduct and not prosecute it.
Wow. "arranged for tuition expenses for Weisselberg's family members to be paid by personal checks drawn on the account of & signed by Donald J. Trump"
One might've thought before today: They're charging Weisselberg b/c they don't have goods on Trump.
They've got goods on Trump
Building a Law-and-Political Economy Framework: Beyond the 20th-Century Framework by @JedediahSPurdy, David Grewal, @akapczynski, and @ksabeelrahman
https://t.co/VcmhbnBa3u
A provocative new paper by @ProfRMorrow argues that, to the extent mandatory arbitration agreements enrich employers who impose them, they should be taxed, just like other lucrative intangible assets. https://t.co/IvYh6pts3t
SMU L. Rev. 74.1 is available online now! This issue features excellent work from Prof. Janine Kim (@Chapman_Law), @ProfRMorrow (@WFULawSchool), Douglas R. Richmond (@Aon_plc), and Prof. Ned Snow (@UofSCLaw). Read the full issue here: https://t.co/drEFuvjDbB