Although neoliberal globalists are often said to be opposed to industrial policy and strategic trade, that is not necessarily true. Neoliberals of the kind who have dominated U.S. policy under the two Bushes, Bill Clinton and Barack Obama are not orthodox anti-government libertarians. They support a particular kind of industrial policy, whose emblem is not […]
Now that the Supreme Court is in the news, with President Donald Trump’s nomination of Judge Amy Coney Barrett to succeed the late Ruth Bader Ginsburg, it is worth reflecting on what kind of constitutional system is best for a national industrial strategy of the kind favored by a growing number of Americans on the […]
American labor law has become worse than useless: a lower share of the private-sector labor force is organized today than before the National Labor Relations Act was passed in 1935. The time has come for an entirely new model.
There are only two ways to establish the price of something, including a day’s wages for a worker—the market and the state. Impersonal market forces, beyond the control of either employers or employees, can be allowed to determine how much a worker is paid. If we do not want to allow a free labor market […]
Thanks to the near-criminal negligence of neoliberal globalist policymakers in both the Democratic and Republican parties, America’s national industrial base, the foundation of its global power, has eroded to the point of collapse. The microchip was invented in the U.S., but America is dependent for its microchip supply on Taiwan and other countries and has […]
At Law and Liberty, I took part in a symposium debating the libertarian scholar Richard Epstein’s comparison of labor unions to predatory monopolies, which he described as the “classical liberal” view. In my contribution, I pointed out that both Adam Smith and J.S. Mill, who were classical liberals by any definition, rejected the idea that […]
Since the neoliberal era began in the 1970s, many public policy thinkers have assumed that America’s employment-based benefit system of welfare capitalism is doomed to extinction by the growth in freelance or gig workers. To replace employer benefits, the left tends to support welfare statism and the right tends to support welfare individualism, in the […]
Local content requirements offer a simple intervention with benefits that its prohibitionist detractors ignore.
The COVID-19 panic has drawn long-overdue attention to the economic and health and financial challenges facing many “essential workers” including nurses and health aides, nursing home aides, slaughterhouse workers, truckers, grocery store clerks and other retail workers, warehouse workers, and others upon whom the daily functioning of our continental society depends. Unfortunately the response of […]