The Theory of Collective Bargaining (Book/ Paperback)
by W. H. HuttProduct Overview
In 1930, W.H. Hutt demonstrated several spectacular points: labor unions cannot lift wages overall; their earnings come at the expense of the consumer; 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 back in print, and all his 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.
About the Author(s)
W. H. Hutt
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Category: Business & Economics
Format: Book (Paperback) (153)
Publisher: Ludwig von Mises Institute
Date Published: Jan 01, 2007
Language: English
ISBN: 9781610160674
SKU: LT-1368
Dimensions: 6.00 x 9.00 x 0.50 (in)
Weight: 8.70 oz
(*) Minimum purchase $45.
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