Good Article on Unions
I don't always like to recommend the articles on the Von Mises web site because many are so polluted with philosophic fallacies that their attempts to overthrow economic ones are muddled at best. With that presupposition, I'd like to encourage you to read Thomas E. Woods, Jr.'s article on labor unions, Forgotten Facts of American Labor History
. It presents a good economic analysis of labor unions and their destructive effects upon economic progress, with little bad philosophy. It even mentions Dr. George Reisman, which is a plus in an economics article. Those of you old enough will remember Dr. Reisman's analogy in this article from his course Introduction to Pro-Capitalist Macroeconomics
, a course I wholeheartedly endorse.
POSTED BY THE GENERAL AT 1:53 AM