Since at least the 2016 U.S. presidential election, policymakers on the right and the left have lamented the plight of the "American Worker" and promised to fix it. Unfortunately the most common "pro-worker" policies today—heavy on government intervention in labor, trade, or other markets—suffer from critical flaws. They overlook the laundry list of current laws and regulations that distort markets, harm most American workers, and breed economic sclerosis. They ignore market-based solutions to boost workers' independence, mobility, wealth, resilience, and quality of life. And they are based on stereotypes that fundamentally misrepresent who today's "American Worker" really is.
Recent trends in manufacturing, remote work, independent work, globalization, and other areas argue for a different kind of "pro-worker" policy—one that, instead of promoting a certain kind of worker, promising cradle-to-grave protection from disruption, or presuming that the employment and lifestyle trends of today will last beyond tomorrow, maximizes Americans' autonomy, mobility, and living standards. This book identifies what Cato Institute scholars believe to be the most important market-oriented policies to achieve these objectives, on issues like education, labor regulation, licensing, housing, healthcare, criminal justice, and consumer necessities. Each chapter identifies the problems facing American workers and suggests pro-market ways for federal, state, and local officials to fix them. Combined, these policies will give individuals the freedom and resources they need to be the "American worker" they want to be—not the one a few policymakers think they should be—and to be happier and more prosperous in the process.
Learn more: https://www.cato.org/commentary/labor-day-better-policy-all-american-workers
Scott Lincicome is the director of general economics and Cato’s Herbert A. Stiefel Center for Trade Policy Studies. He writes on international and domestic economic issues, including international trade; subsidies and industrial policy; manufacturing and global supply chains; and economic dynamism. Learn more: https://www.cato.org/people/scott-lincicome
Chelsea Follett is the managing editor of Human​Progress​.org, a project of the Cato Institute that seeks to educate the public on the global improvements in well‐​being by providing free empirical data on long‐​term developments. Learn more: https://www.cato.org/people/chelsea-follett