Hi everybody!
Timothy B. Lee
@timlee
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I cover economics and technology for my newsletter, www.fullstackeconomics.com. Previously at the Washington Post, Vox, and Ars Technica. Subscribe to my newsletter!
@mmasnick @sickmatter far more people know what gerrymandering is than know anything about vice president elbridge Gerry.
@drvolts these images make mw think that “visual pollution” is maybe not a very useful concept.
It will never not be funny to me that Philadelphia’s children’s hospital is called CHOP.
Adam GurriHere's @timlee on why banning noncompetes would be good https://open.substack.com/pub/fullstackeconomics/p/banning-noncompete-agreements-would?r=13cw5&utm_campaign=post&utm_medium=web
@hyperplanes Yes. Though if they were banned nationally I think it would be harder for employers to get away with this.
Instead, we live in a world where California has Silicon Valley and anyone who claims non-competes are necessary for a healthy business climate looks a bit ridiculous.
If California hadn't banned non-competes in 1872, we could have a situation where every state enforced non-competes, everyone assumed that they must be necessary for a healthy business climate, and no state dared experiment with non-enforcement.
It's hard to overstate what good luck it was that California happened to ban non-competes more than a century ago and the courts have vigorously enforced the ban. It has provided an existence proof that an economy can work fine without non-competes.