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Coase’s Paradox and the Inefficiency of Permanent Strike Replacements

Author: Seth D. Harris (New York Law School)

  • Coase’s Paradox and the Inefficiency of Permanent Strike Replacements

    Article

    Coase’s Paradox and the Inefficiency of Permanent Strike Replacements

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Abstract

The affinity between the Coase Theorem and the NLRA appears obvious. Both the theorem and the Act acknowledge bargaining as a potentially efficient problem-solving strategy. Both the theorem and the Act set efficiency as a goal. This Article examines this apparent affinity and challenges the idea that the Coase Theorem and the NLRA are compatible.

Keywords: Coase theorem, Collective bargaining, Strikebreakers, Economics & labor law, Economic efficiency, Labor law, National Labor Relations Act, United States, Ronald H. Coase

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Published on
2002-01-01