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Breaking economic principles down to a level so basic that they are meaningless.
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Originally posted by Spanky
I don't mind unions forming. I don't mind them demanding higher wages. It is just when they start influecing laws (that would be after the get the right to unionize) they cause trouble becuase the only thing left to help protect their jobs is protectionism.
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Unions, like businesses, benefit from economic growth. Unions, like businesses, also benefit when Congress passes laws insulating them from the free market. Either you think that business is strangely altruistic, or you think that unions are strangely irrational, or you would rather side with rich people instead of the working man.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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