7. Major Episodes in American Labor History: An Austrian Reevaluation, Part I

Tags: Monopoly and Competition, U.S. History

06/20/2005 Thomas E. Woods, Jr.

The standard tale of labor history in American is largely false. Unions did not cause a rising standard of living. Employers were forbidden to encourage union membership, but they could compel union membership.

Lecture 7 of 10 from Thomas Woods’ The Truth About American History: An Austro-Jeffersonian Perspective.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.