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In a world where everyone is discouraged from/punished for daring to explore whether something else could or couldn’t be better fit …

The Spreading Sclerosis of the Non-Compete Agreement

Tim Fernholz on how non-compete agreements are gaining a chokehold on American business. “Economists think that innovation can be spurred by having lots of firms in the same skilled industry working near each other; as workers move from firm to firm and mix with new people, new ideas and firms are created. Non-competes limit their ability to do that—in fact, California law makes most non-compete agreements unenforceable, and other research found that Silicon Valley has an unusually high level of inter-firm mobility for workers.”

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