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

Published: Oct. 1, 2018, 6:30 a.m.

b'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.'