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U.S. Senators Todd Young (R-Ind.) and Chris Murphy (D-Conn.) noted growing support for the Workforce Mobility Act, bipartisan legislation to limit the use of non-compete clauses, which negatively impact almost one in every five American workers.
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“Corporate abuse of non-compete agreements is a classic example of the reality, understood by economists since Adam Smith, that workers operate at an inherent disadvantage dealing with employers and need help to advance and protect their interests. Blind faith in markets has led inadvertently to a situation where millions of American workers cannot switch to better jobs, which is the opposite of what a well-functioning market would produce. Senators Young and Murphy deserve great credit for doing exactly what capitalism requires: setting rules within which competition will lead to prosperity for American families,”said Oren Cass, Chief Economist, American Compass.
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Today, American Compass chief economist Oren Cass sent a letter to President Donald Trump voicing his concern that his administration may pursue a major commitment of Foreign Direct Investment (FDI) Read more…


