The Economics of Non-Compete Agreements

The Economics of Non-Compete Agreements

Published: April 23, 2026

Duration: 51:11

This episode breaks down what non-compete agreements are and why they’ve become such a hot topic in labor economics. Matt and Jadrian explore when these contracts make sense and when they might go too far. They weigh the trade-offs between protecting company investments and limiting worker mobility, while also digging into recent policy debates and what non-competes mean for innovation and entrepreneurship.

In this episode, we talk about:

* What non-compete agreements are and why companies use them

* Whether it’s reasonable to restrict employees from working for competitors

* The fairness (or u...