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Posts Tagged ‘economics 101’

Why the Right wants to deny that unions increase wages

Written By: - Date published: 7:17 am, February 29th, 2012 - 97 comments

united we bargain divided we beg

Union wage rises beat non-union every time. It’s basic market theory. If workers bargain individually they are in perfect competition with each other and become price takers. Together they have market power. Hence: “united we bargain, divided we beg”. But the Right doesn’t want you to know that. They want to break the unions to strangle wage rises.

Padding pockets, not houses

Written By: - Date published: 12:45 pm, August 11th, 2009 - 44 comments

Just a month into the Government’s housing insulation programme and John Key has had to launch an inquiry into rorting by contractors who are taking the subsidy but also increasing their prices, and so pocketing a good part of the subsidy themselves rather than passing it on to the consumer as intended. That’s a bad …

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