Some interesting news from Michigan:
Michigan workers are not going to suffer. They have simply been given the freedom to join or not join a union, to pay or not pay dues. And while wages in right-to-work states such as Virginia, Tennessee, Texas and Florida are slightly below those of other states, employment in . . . → Read More: Imagine That!
Ever since the original proposition by a 19th century German economist Adolph Wagner, Wagner’s law has undergone significant theoretical and empirical discussion on its long-run validity. In the most basic and rudimentary version, the law states that alongside the economic development of industrial societies, there is a persistent tendency of an increasing share of . . . → Read More: The Empirical Evidence on Wagner’s Law