This study explores the organization of the Korean labor market, systemic faults in it leading to undesirable outcomes and their determinants, and consequences for workers and employers. Long-term implications for the arrangement and cohesion of society at large are discussed. The study has...

The Louisiana State workers’ compensation law strives to balance the interests of employers and their employees for the benefit of the larger society. On the one hand, employers must be encouraged to be in business by protecting them from injured employees’ lawsuits that could bankrupt them....