Mises Wire
Author:
Gary Galles
Online Publish Date:
then the argument seems to be its price (wage) ought not to be determined by competitive forces of supply and demand in an open market. In other words, those who the market. The over-all scarcity of labor as an economic resource, and the competitive bidding for that scarce and valuable resource, is the only way in the of workers” self-ownership imposed by labor unions and their self-interested policies (ironic, in that they justify their existence as due to people’s freedom of