What would you do to improve job growth?

posted by
August 16, 2011
Cato Institute
by Walter Olson  
Posted in Commentary

"The main cash-and-carry effect of age-bias law is to confer legal leverage on older male holders of desirable jobs, such as managers, pilots, and college professors, who by threatening to raise the issue can extract ampler severance packets than might otherwise be offered them. Much legal talent is wasted in the resulting exit negotiations, which seldom seem to rouse the ire of critics of gaudy executive pay, golden parachutes and so forth." (08/12/11)

http://www.cato.org/pub_display.php?pub_id=13563  

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