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← Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages.
16 connected korrents · 18 moments from 23 Jan 2012 to 27 Sept 2026.
Everything filed under market efficiency
market efficiency
Everything filed under AI and jobs
AI and jobs
Everything filed under economists
economists
Everything filed under politics
politics
Everything filed under hiring
hiring
Everything filed under capitalism
capitalism Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages. Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages. Last stated a week ago
24 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-24 — tap for who they are
Same subject: In a model where robots compete with human labour task by task, robots can reduce both employment and wages. — tap to centre the map on it In a model where robots compete with human labour task by task, robots can reduce both employment and wages. Last stated 10 years ago
by 1 Mar 2017
PR
Pascual Restrepo — holds since 2017-03-01 — tap for who they are
DA
Daron Acemoglu — holds since 2017-03-01 — tap for who they are
Same subject: Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. — tap to centre the map on it Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. Last stated 10 months ago
9 Dec 2025
RS
Rory Sutherland — holds since 2025-12-09 — tap for who they are
Same subject: What makes low-volume American manufacturing uncompetitive is white-collar overhead and lead time, not the wage of the person running the machine. — tap to centre the map on it What makes low-volume American manufacturing uncompetitive is white-collar overhead and lead time, not the wage of the person running the machine. Last stated 8 months ago
12 Feb 2026
AV
Austin Vernon — holds since 2026-02-12 — tap for who they are
Same subject: Work that runs against companies' commercial incentives will only get done by people whose income does not depend on those incentives. — tap to centre the map on it Work that runs against companies' commercial incentives will only get done by people whose income does not depend on those incentives. Last stated 5 months ago
22 Apr 2026
MK
Martin Kleppmann — holds since 2026-04-22 — tap for who they are
Same subject: Employees do not have the right to prevent a business from carrying out its normal course of commerce over a disagreement in politics — tap to centre the map on it Employees do not have the right to prevent a business from carrying out its normal course of commerce over a disagreement in politics Last stated 2 years ago
19 Apr 2024
DH
David Heinemeier Hansson — holds since 2024-04-19 — tap for who they are
Same subject: A company is not sensitive to the few thousand dollars a candidate is afraid to ask for, because the fully-loaded cost of employing them dwarfs it. — tap to centre the map on it A company is not sensitive to the few thousand dollars a candidate is afraid to ask for, because the fully-loaded cost of employing them dwarfs it. Last stated 15 years ago
23 Jan 2012
PM
Patrick McKenzie — holds since 2012-01-23 — tap for who they are
Same subject: Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated. — tap to centre the map on it Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated. Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. Last stated a year ago
2 Sept 2025
BE
Benedict Evans — holds since 2025-09-02 — tap for who they are
Same subject: In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. — tap to centre the map on it In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply. Last stated a year ago
5 Sept 2025
SB
Sanjay Bakshi — holds since 2025-09-05 — tap for who they are
Same subject: A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. — tap to centre the map on it A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price. Last stated a year ago
21 May 2025
EZ
Ed Zitron — holds since 2025-05-21 — tap for who they are
Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. Last stated 2 years ago
3 Mar 2025
TS
Tobias Sjösten — holds since 2025-03-03 — tap for who they are
Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. Last stated a week ago
22 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-22 — tap for who they are
Same subject: As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%. — tap to centre the map on it As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%. Last stated 2 weeks ago
17 Sept 2026
TT
Tomasz Tunguz — holds since 2026-09-17 — tap for who they are
Same subject: Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. — tap to centre the map on it Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world. Last stated 3 years ago
30 May 2023
AG
Andrew Gelman — holds since 2023-05-27 — tap for who they are
AG
Andrew Gelman — no longer holds since 2023-05-30 — tap for who they are
Same subject: Stock prices are an unreliable indicator of the economy because they often reflect fads and fantasies. — tap to centre the map on it Stock prices are an unreliable indicator of the economy because they often reflect fads and fantasies. Last stated 5 days ago
27 Sept 2026
PK
Paul Krugman — holds since 2026-09-27 — tap for who they are
Same subject: Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. — tap to centre the map on it Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
At the centre
Enforcing non-compete agreements on low-wage jobs is anti-competitive and artificially suppresses wages.
Holds Read this korrent →
In a model where robots compete with human labour task by task, robots can reduce both employment and wages.
Holds
Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want.
Holds
What makes low-volume American manufacturing uncompetitive is white-collar overhead and lead time, not the wage of the person running the machine.
Holds
Work that runs against companies' commercial incentives will only get done by people whose income does not depend on those incentives.
Holds
Employees do not have the right to prevent a business from carrying out its normal course of commerce over a disagreement in politics
Holds
A company is not sensitive to the few thousand dollars a candidate is afraid to ask for, because the fully-loaded cost of employing them dwarfs it.
Holds
Costly and burdensome AI regulation would entrench an oligopoly, which is why some incumbents are asking to be regulated.
Holds
A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand.
Holds
In commodity industries, extraordinary profits from shortages are eventually competed away as supply responds to the profit incentive, and losses are similarly self-correcting through reduced supply.
Holds
A "good business" now means one that can display quarter-on-quarter stock growth, not one that makes good products at a fair price.
Holds
A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in.
Holds
A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology.
Holds
As AI inference costs fall, rising customer expectations will keep service margins from converging toward 100%.
Holds
Samuelson's random-walk analogy for stock prices was mathematical showing-off dressed up as a claim about the real world.
No longer holds
Stock prices are an unreliable indicator of the economy because they often reflect fads and fantasies.
Holds
Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction.
Holds