Episode 124: What's Wrong With Labor Unions? (with Richard A. Epstein)
Channel: Libertarianism.org
Date: 2016-03-04

Richard A. Epstein joins us for a discussion on labor unions. Did they really help to create a thriving middle class and the modern working life we enjoy today?

This week, Richard A. Epstein joins us to talk about the history, economics, and legal theory behind unions, which remain some of the most powerful forces in the modern American political landscape.

Is our collective narrative about unions saving workers from evil capitalist robber barons and horrible working conditions in the Industrial era accurate? How were unions initially treated by the Supreme Court?

Are unions essentially cartels? Don’t workers need unions to equalize their bargaining power with employers?

What does the future of unions look like? Are they going extinct? What about public sector unions, and the budget obligations they put on local and state governments? What would Epstein’s ideal unionization law look like?

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