Labor Law Reform: One Step Forward and Two Steps Back

Industrial and Labor Relations Review, 1997.

Posted: 22 Jul 1997

See all articles by Michael L. Wachter

Michael L. Wachter

University of Pennsylvania Law School - Institute for Law and Economics

Abstract

This article deals with the question of whether the reforms proposed by the labor law traditionalists are desirable on economic grounds, and if not, what types of reform might be offered. The specific proposals include increased job security, increased employee participation in decision making, and reform of the National Labor Relations Act (NLRA). The difficulty for traditional labor law reformers is that they have not yet accepted the challenge of designing proposals for today's more competitive labor and product markets. Until this changes, reform efforts can be shown to be backward steps.

JEL Classification: J58, K31

Suggested Citation

Wachter, Michael L., Labor Law Reform: One Step Forward and Two Steps Back. Industrial and Labor Relations Review, 1997., Available at SSRN: https://ssrn.com/abstract=10534

Michael L. Wachter (Contact Author)

University of Pennsylvania Law School - Institute for Law and Economics ( email )

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