The Use, Abuse, and Enforceability of Non-Compete and No-Poach Agreements
By Evan Starr, Assistant Professor, University of Maryland Robert H. Smith School of Business Policymakers from across the political spectrum have zeroed in on non-competes and no-poach agreements as contributors to the steady decline of the United States’ storied economic dynamism. Economists have documented that these rapidly-spreading provisions deter entrepreneurship, prevent workers from earning what…
Read moreOZ Insights: IRS Hearing and Understanding Impact
Yesterday, the Internal Revenue Service (IRS) hosted a public hearing on the notice of proposed rulemaking for Investing in Opportunity Funds released last October. The hearing itself was a testament to the enthusiastic interest in the incentive: the line to get into the building was 90 minutes long at times, the auditorium was filled to…
Read moreEconomic Innovation Group Welcomes Chris Slevin as Vice President
Washington, D.C. – The Economic Innovation Group (EIG) today announced that Chris Slevin has joined the organization as vice president. In this role, Slevin will play a key role in developing EIG’s policy agenda and advancing its efforts as a leading bipartisan research and advocacy organization. “Chris will be a tremendous asset to EIG and…
Read more2016 was best year for business formation since the recession, but hold the fireworks
First, the good news The U.S. Census Bureau recently released its 2016 Business Dynamics Statistics, providing the authoritative latest figures on startup activity across all sectors of the U.S. economy. It came bearing modest good news: 2016 was the best year for U.S. business formation since the financial crisis. In total 433,000 new firms launched…
Read moreThe State of Socioeconomic Need and Community Change in Opportunity Zones
This paper offers a detailed baselining of prevailing social and economic conditions across the country’s Opportunity Zones. It comes as this new policy is just beginning to take shape. The U.S. Department of the Treasury issued the first of draft of proposed rulemaking in October 2018. Many unknowns remain, including some pertaining to fundamental functions…
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