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  • Can deflation end unions once and for all?

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Tue, Dec 29 2009 10:11 AM

Can deflation end unions once and for all?

It is often remarked that the existence of unions is proof of the inefficiency and failure of markets to pay workers adequate wages. That workers, as a great multitude with little individual influence, must form socialistic collectives in order to provide...
Posted by Solredime | with no comments
Filed under: regulation, intervention, sticky, unions, trade unions, deflation, inflation, competition, sticky wages, raising prices, raising wages