Article

Coase’s Paradox and the Inefficiency of Permanent Strike Replacements

Seth D. Harris

The affinity between the Coase Theorem and the NLRA appears obvious. Both the theorem and the Act acknowledge bargaining as a potentially efficient problem-solving strategy. Both the theorem and the Act set efficiency as a goal. This Article examines this apparent affinity and challenges the idea that the Coase Theorem and the NLRA are compatible.