Steven Davis speaks to Evan Starr, a leading expert on the economics of noncompete clauses. They discuss the prevalence of noncompete clauses in employment agreements; the pros and cons for employers, workers, and society; where to draw the line in disallowing noncompete clauses; the role of antitrust in policing noncompete clauses; their effects on the pace of innovation; and whether the United States should adopt a national policy on noncompete clauses.

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Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.