Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site amdahl.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!ihnp4!crsp!pesnta!hplabs!amdahl!gam From: gam@amdahl.UUCP (gam) Newsgroups: net.politics Subject: Re: Wage Rates: Unions, Minimum Wage Laws, and Employer Oligopoly Message-ID: <1080@amdahl.UUCP> Date: Sat, 2-Feb-85 18:07:50 EST Article-I.D.: amdahl.1080 Posted: Sat Feb 2 18:07:50 1985 Date-Received: Mon, 4-Feb-85 03:43:38 EST References: <811@ratex.UUCP> <593@tty3b.UUCP> Organization: Blue Mouse Trailer Resort, Hellmouth, CA Lines: 15 > You may economically "prove" to your own satisfaction that unions are bad. > The reality is that workers must organize because management is already > organized.... The point is not to show that unions are "bad", but that if unions insist on establishing minimum-wage requirements (when the minimum wage is is above equalibrium), the consequences are that some people will be unemployed. This is fact, not economic theory. The author of that description did not say this was "bad." He was just describing the way things are. -- Gordon A. Moffett ...!{ihnp4,hplabs,sun}!amdahl!gam