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The Future of Unionism
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16271 |
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BOOK WORLD
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| Issue
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3 / 1989 |
2,341 Words |
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Grover Norquist Grover Norquist is president of Americans for Tax Reform. |
THE NEW UNIONISM
Charles C. Heckscher
New York: Basic Books, 1988
256 pp., $ 22.95
Question: What is everybody's favorite color? Perhaps people have different favorite colors? Well then, let's rephrase the question: If everyone in your hometown had the same favorite color, what would it be?
If this exercise strikes you as odd, welcome to the world of The New Unionism, by Charles C. Heckscher of Harvard Business School. Heckscher has tried to explain what you and I and some 117 million working Americans would like in our employment contracts. He has lots of suggestions about wages, working conditions, risks, commuting time, and hundreds of other things. His is a pretty ambitious project for someone who doesn't even know you or your family.
Heckscher also purports to show how monopolies and legally enforced cartels, at least in the labor market, are more economically efficient than the free market. This will greatly surprise the economists who for the past two hundred years have been laboring under the delusion that monopolies restrict entry into a market by favoring the monopolists with monopoly rents (unearned benefits), while costing consumers more money of the same services and products and creating unemployment for those not lucky enough to be granted entry into the cartel.
The Rise And Fall Of Unions
In the
... (1997 of 14475 Characters)
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