[Long thread/12]
Noncompetes are shrouded in a fog of easily dispelled bossly bullshit: claims that noncompetes raise wages (empirically, this is untrue), or that they enable "IP"-intensive industries to grow by protecting their trade secrets. This claim is *such* bullshit: you can tell by the fact that noncompetes are banned under California's state constitution.
12/
https://mamot.fr/@pluralistic/113594877336934407
[Long thread/13]
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