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Title:
Labor monopoly skews cost
Author:
James Allison
Date:
6/27/2007
Year:
2007
Article:
Editor, The Detroit News:
 
Thank you very much for the June 13 editorial titled "Repeal laws favoring unions over taxpayers." These laws need to be repealed. While unions may provide some benefits to their members, unions essentially strive to become a monopoly in the labor market.
 
We learn in basic economics courses that monopolies tend to cause inefficiencies in the market by raising costs without the pressure of competition. These tough times are calling for a return to the libertarian principles of competitive markets to save taxpayer dollars and strengthen the auto industry.
 
James Allison
Attachments:
 
 
Created at 3/4/2008 1:13 PM by www.michiganlp.org
Last modified at 3/4/2008 1:13 PM by www.michiganlp.org