Tag Archives: Unions

Capitalism, Unions, and Offshoring (Part III): Cost-Cutting

After encouraging its workforce to unionize, Egalitarius’ management saw a precipitous decline of 80% in its share price. With an eye on saving the company and the executive team’s jobs, Egalitarius’ management implemented aggressive cost-cutting measures.

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 6 Comments

Capitalism, Unions, and Offshoring (Part II): Workers of the World, Unite!

In the first installment of this series, we introduced two widget producers called Egalitarius and Meritocratus. Egalitarius’ management encourages its workers to unionize, because it wants to ensure that the company treats them fairly. With high ambitions to rectify Egalitarius’ “unfair” labor practices, the Widget Worker’s … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 4 Comments

Capitalism, Unions, and Offshoring (Part I): A Tale of Two Firms

Once upon a time, there were two firms, Meritocratus and Egalitarius. Both firms operated in the $10 billion widget industry, and each had 50% market share. Widgets were not a commodity. Purchasers were sometimes willing to pay a premium for a … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 3 Comments

Christie Scores Legislative Victory Against Public Unions

According to The New York Times, New Jersey’s Assembly passed a bill 46 to 32 today that would “sharply increase what state and local workers must contribute for their health insurance and pensions, suspend cost-of-living increases to retirees’ pension checks, … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics, Taxes, Unions | Tagged , , , | 4 Comments

Household Unions: You Move, We Sue

Imagine two scenarios.

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Posted in Business, California, Policy, Politics, Unions | Tagged , , , , , , | 20 Comments

Big Labor Puts Politics Ahead of Jobs

Last March, the National Labor Relations Board (NLRB) filed a complaint against Boeing for its decision to set up a non-unionized production line in South Carolina. The complaint alleges that Boeing is locating a second production line in that state … Continue reading

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The Few, the Proud, the 3,111 Who Voted Against TSA Unionization

While it is no surprise that the majority of the TSA’s 44,000 airport screeners voted for unionization, it is worth noting that 3,111 brave souls voted against it. Good for them. My guess is that the majority of them are likely … Continue reading

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Posted in Policy, Politics, Unions | Tagged , | 8 Comments

Thurston and Talbot Do Collective Bargaining

Our friends Thurston and Talbot do collective bargaining.

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Posted in Humor, Media, Politics, Thurston and Talbot, Unions | Tagged , , , | 4 Comments

Channeling Chris Christie: How to Handle Public Unions

“If what you want to do is put on a show and giggle every time I talk, then I have no interest in answering your question.” — Governor Chris Christie New Jersey Governor Christie lays out his case against public-sector-union … Continue reading

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Posted in Healthcare, Policy, Politics, Unions | Tagged , , , , | 2 Comments

Rallying Against the Red Menace

“If you’re going to negotiate, you’ve got to have something to offer. We don’t.” — Governor Scott Walker I have avoided posting my thoughts about the recent protests in Wisconsin, because my personal reaction has been so visceral that I … Continue reading

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Posted in Business, Finance and Economics, Policy, Politics, Unions | Tagged , , , , , | 30 Comments