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Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths

Document Type

Book

Publication Date

2021

Publication Title

Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths

Abstract

This book presents a distinct perspective by challenging two key economic principles: that markets are competitive and the claim that corporations exist for the benefit of their shareholders, but not for other stakeholders. It also engages critically with government decisions to base intervention on economic principles, highlighting the resulting social and financial implications. Finally, it provides a comparison between the legal and social treatment of labor in the US and the EU, arguing for the adoption of measures taken in Europe.

Keywords

Labor, Market Regulation, Competitive Markets, Economic Intervention, Shareholders, Corporations

Publication Citation

John N. Drobak, Rethinking Market Regulation: Helping Labor by Overcoming Economic Myth (2021)

Comments

ISBN: 9780197578957

Also Available As: Ebook

Also Available In: Oxford Scholarship Online

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