Unintended Consequences cover image

Should You Have the Right To Repair Your John Deere Tractor?

Unintended Consequences

NOTE

Unions Increase Pay and Benefits but Have Long-Term Consequences

The presence of unions in the private sector leads to an increase in pay and benefits, but over time, this has negative consequences. Unions in the public sector, such as teachers, firefighters, and police officers, are insulated from such consequences as they cannot borrow like the federal government. The ability of teachers to negotiate at the local level has been restricted due to financial constraints. The long-term impact of unions within companies is evident when some plants are unionized while others are not, leading to different outcomes.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner