While I’m ranting on Unions, I came across an article at the UAW’s website, which seals my fate as an “anything-but-a-University-of-Minnesota-student” if I ever decide to pursue a PhD.
Richard A. Levins, professor emeritus of economics, argues that Unions cause the middle class to grow, and consequently, the decline in overall Union Membership is directly correlated [...]
Take a look at Ford’s impressive stock chart:
Fortunately, Ford has a plan. In an effort to repair its struggling bottom line, Detroit-based automotive manufacturer, Ford, has considered following GM’s lead, in offering across-the-board buyouts to its employees, in an effort to shed about 25% of its workforce. Industry analysts have been clamoring for [...]
This report, that the employees at two Ann Arbor, MI auto-dealterships have decided to join the UAW, is absolutely mindboggling:
“In an Aug. 16 election, workers at BMW of Ann Arbor and Mercedes of Ann Arbor voted 16 to 10 to become part of the United Auto Workers. The new 28-person bargaining unit includes mechanics, service [...]
Today, Tyler Cowen of Marginal Revolution makes what I think are some rather bizarre assumptions about the theory of comparative advantage. He cites primers on the subject here, and here. His deductions are as follows:
1. Every person will trade with every other person in the world. This is clearly false, although it [...]
