[Download] ~ The Theory of Collective Bargaining ~ by William H. Hutt ~ Book PDF Kindle ePub Free
eBook details
- Title: The Theory of Collective Bargaining
- Author : William H. Hutt
- Release Date : January 04, 1954
- Genre: Economics,Books,Business & Personal Finance,Finance,
- Pages : * pages
- Size : 261 KB
Description
In 1930, W.H. Hutt demonstrated several spectacular points: labor unions cannot lift wages overall; their earnings come at the expense of the consumer; and their effect is to cartelize business and reduce free competition to the detriment of everyone. He demonstrated these points with intricate logic that took on the main economic arguments for labor unions.
In 1954, this little volume was published in the United States, with a very complimentary essay by none other than Ludwig von Mises, who saw Hutt's work as valid for the ages. Now this great essay is available in ebook, and all its points still hold true, particularly the least intuitive one — that unions actually benefit some producers at the expense of others, and always harm the consumer.
The brevity of this essay is as notable as its power to persuade.