Plant Closings: Public or Private Choices?

Edited by Richard McKenzie

Advocates of "economic democracy" complain that plant closings and relocations leave communities disrupted and local tax bases eroded. They propose remedies that would greatly restrict the mobility of businesses and in some cases require "restitution" payments to the affected community.

The articles in this important new monograph, edited by Heritage Foundation Senior Fellow Richard McKenzie, examine these proposals critically. They seek to answer such questions as:

• Is the Frostbelt losing jobs to the Sunbelt?
• Is unemployment in the Northeast a result of plant relocations?
• Have plant-closing laws worked?
• Is there any basis for a Sunbelt-Frostbelt confrontation?
• Are plant-closing laws really pro-worker?

The plant closing battle has shifted from Washington, D.C. to the states, with at least 21 states introducing restrictive legislation. Anyone concerned with the evidence regarding this issue should read this monograph.

"A systematic and cogent survey of a critical policy issue."
-William Allen, International Institute for Economic Research

1982/164pp./$3.00 paper ISBN 0-932790-29-1

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