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