Labor Market Restrictions
Lee discusses the decline in private sector unionization and the rise of right to work states. He also explores the impact of minimum wage laws and the government's fight against labor market restrictions, including union exemptions and occupational licensing restrictions. The discussion highlights the importance of economic freedom and the potential impact on future US economic growth.In this clip
From this podcast
EconTalk
Lee Ohanian, Arnold Kling, and John Cochrane on the Future of Freedom, Democracy, and Prosperity
Related Questions
How does minimum wage affect the economy in the context of the episode Conversation with David Leonhardt — The State of the US Economy and the clip Unionization and Investment?
How does minimum wage affect the economy in the context of the episode Conversation with David Leonhardt — The State of the US Economy and the clip Unionization and Investment?
What would be the impact of implementing a minimum wage as discussed in the episode Conversation with David Leonhardt — The State of the US Economy and the clip Union Challenges Ahead?