Saturday, January 31, 2015

Wagner's MBA Law of Unions

Wagner's MBA Law of Unions: Unions are annoying because when they run amok they destroy the competitiveness of some industries, but I also like that collective bargaining lifts the wages of all employees in communities and otherwise provides a countervailing force to remind employers that although you can sometimes get employees to work for almost nothing, it is not a sustainable social or economic venture to do so.

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