The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.
MILTON FRIEDMAN
MILTON FRIEDMAN
Milton Friedman on employment
Milton Friedman74 quotes“The unions might be good for the people who are in the unions but it doesn’t do a thing for the people who are unemployed. Because the union keeps down the number of jobs, it doesn’t do a thing for them.”
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With respect to teachers’ salaries …. Poor teachers are grossly overpaid and good teachers grossly underpaid. Salary schedules tend to be uniform and determined far more by seniority.
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More on employment
Fear is in almost all cases a wretched instrument of government, and ought in particular never to be employed against any order of men who have the smallest pretensions to independency.
Adam SmithAdam Smith By employing the intelligence of natural systems we can create industry, buildings, even regional plans that see nature and commerce not as mutually exclusive but mutually coexisting.
Brad PittBrad Pitt I’m just what America needs: another unemployed black man.
Charles BarkleyCharles Barkley The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Milton FriedmanMilton Friedman A minimum-wage law is, in reality, a law that makes it illegal for an employer to hire a person with limited skills.
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Milton FriedmanMilton Friedman Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That’s not a statement, it’s a definition.
Milton FriedmanMilton Friedman Nothing is so dangerous as that of violence employed by well-meaning people for beneficial objects.
Alexis de TocquevilleAlexis de Tocqueville