Why Workers’ Unions, Equal Wages and Minimum Wages are as bad as Monopolies and Cartels
Here I’ll argue that workers’ unions have similarities to monopolies and that equal/minimum wages have similarities with cartels, and note the difference in how these are dealt with. Monopolies and Cartels Monopolies have a bad ring to them. Nobody likes monopolies, in peoples’ minds manifested as huge, greedy monsters stealing your money. Cartels are just […]