The Art of the Deal: East Coast Port Edition

Key Points

• Automation at East and Gulf Coast ports raises questions about fair compensation for workers
• President-elect Trump's support for dockworkers emphasizes accountability from corporate giants
• Coase's framework on social cost provides insights into resolving conflicts over automation

Pros

• Highlighting the importance of fair compensation for workers affected by automation
• Bringing attention to the distribution of benefits and costs of automation at ports

Cons

• Potential exploitation of workers by corporate elites pushing for automation
• Uncertainty about whether the benefits of automation truly outweigh the costs to workers

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