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Burning Platforms

Slate Money

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Non-Competes Are Good for Labor and Good for Capital, Right?

Non-competes are bad for labor and therefore at the margin, good for capital. The Chamber of Commerce came out against the FTC's decision to ban them. But by the same token, you can see how if you're in a certain situation, you don't want to get thrust into this sort of higher competition when you can just collect your rents from non-compete instead.

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