The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek
Posted in Socialism on Jul 16th, 2008
Mr. Stern’s “middle class” spin would be more believable if the SEIU did more for its own members, especially their pensions. Public records based on the SEIU’s own filings show that the SEIU National Industry Pension plan - which covers some 101,000 workers - was only 75% funded in 2006. Put another way, the plan […]
Posted in Corporatism on Jun 20th, 2008
In the city of Olean, NY, a law is being debated that would forbid any private individuals from employing the services of friends or neighbors to do any plumbing work, however minor. Any work that is to be done will be required to be completed by unionized plumbers (”licensed master plumber or a journeyman (apprentice) […]
Posted in Regulation on Apr 2nd, 2008
It is a well-known fact that union membership and coverage has declined substanially over the 20th century. For exampe, in 1973 nearly a quarter of all wage and salary workers were unioin members (it was far higher in earlier years - for example it seems to have hit 37 percent in 1960, but the data […]
Posted in You Can't Have it Both Ways on Sep 15th, 2005
The irony of this story is so yummy that I find it hard to believe it’s actually true. The Las Vegas Weekly is reporting that the United Food and Commercial Workers (UFCW) union is hiring temporary workers for $6 per hour with no benefits to stand in a blacktopped Las Vegas Wal-Mart parking lot protesting […]
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