Episode 242: What About Unions?
Words & Numbers
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The Free Rider Problem in the Private Sector
James Carville: The first union I was forced into was when I was an employee of the state of Connecticut. They sucked out a lot of money from my page, and I had no recourse whatsoever. He says that free rider problem is not unique to unions; it crops up all over the place in the private sector. "If you have a product that is of value, entrepreneurs will figure out how to monetize it," he says.
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