Megan McArdle, blogging at The Atlantic, explains how much of the blame for why the big 3 built big cars can be placed on unions:
One of the things you hear over and over again from critics of Detroit, especially ones from the left, is that their current woes are all management’s fault because they kept […]
Archive for December, 2008
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“What would you call a group of economists who are skeptical of regulating mortgage markets, who think unemployment insurance and unions increase unemployment, who say that tax hikes retard economic growth, and who believe that the recovery from the Great Depression was a monetary phenomenon rather than the result of New Deal fiscal policy? No, […]