Article summary- Against unions
The article titled “Labor Union 'Studies' Lead To Minimum Wage Legislative Malpractice” written by Richard Berman appeared in the Forbes magazine on the 18th of October 2013. The author states that the main role of unions, which is to lobby for pay increases, harms the employees and the economy at large.
He asserts that the demands by unions for an increase in the minimum wage make no economic sense. This is because an increase in wages will make labor more expensive leading to a decrease in the demand for jobs. This means that the number of jobs available, especially ...