It's Time to Reform Workplace Non-Compete Clauses

In recent years, a growing number of policymakers have looked to remove barriers to entry and competition in labor markets, such as onerous occupational-licensing laws. Now, conservatives and libertarians who want to foster healthy labor markets should turn their attention to the negative effects of another anticompetitive trend: the pervasiveness of workplace non-compete clauses. Non-compete clauses are conditions in an employee's work contract that limit him or her from going to work for a firm's competitors. Such clauses are now so common that they threaten to hamper the labor market's mobility and dynamism ...