Cloud_Strife
Deity
Yeah, in fairytale world a.k.a. the universe inhabited by the authors of economics textbooks, this is true.
In the real-world, though, employees would benefit tremendously from just-cause firing regulations or even just being protected by a contract that requires you to be fired for a defined cause.
I was just laid off from my job a few months ago with no notice and no recourse, and I find the suggestion that this was beneficial to me in some way to be asinine and offensive.
I believe this is the case when the employees concerned have actual contracts. I don't believe it's the case with at-will employees. The definition of at-will employment is that you can be fired for no reason and you have no standing to sue for wrongful termination unless the employer is stupid enough to explicitly tell you "I fired you because you were pregnant/black/trans" or whatever. Not many employers are that stupid.
Don't bother man, he genuinely believes what he's saying.