Noah Smith on Worker Compensation, Co-determination, and Market Power

EconTalk Podcast
Work

Link: https://www.econtalk.org/noah-smith-on-worker-compensation-co-determination-and-market-power/

MP3: http://files.libertyfund.org/econtalk/y2018/SmithNcodetermination.mp3

Bloomberg Opinion columnist and economist Noah Smith talks with EconTalk host Russ Roberts about corporate control, wages, and monopoly power. Smith discusses the costs and benefits of co-determination–the idea of putting workers on corporate boards. The conversation then moves to a lively discussion of wages and monopoly power and how the American worker has been doing in recent years.