Posts tagged trades
Economically Devastating Rent-Seeking in America’s Labor Markets
June 9, 2026 // Nowhere is rent-seeking more pervasive—or more costly—than in America’s labor markets. From compulsory unionism to occupational licensing, prevailing-wage laws, gig-worker reclassification rules, and strategic minimum-wage campaigns, concentrated interest groups (often unions and incumbent professionals) routinely use state power to extract “rents” from workers, employers, taxpayers, and consumers. These are not abstract economic theories. Rent-seeking is an everyday mechanism that distorts wages, limits opportunities, and transfers trillions of dollars every year, creating harmful economic inefficiencies penalizing employees, employers, taxpayers, and consumers. Compulsory Unionism: The Textbook Case of Labor-Market Rent-Seeking Compulsory unionism
MLB owners propose first salary cap since 1994 strike
May 30, 2026 // Teams that would need to increase their payrolls based on current projections for this season are the A's, Rockies, Cardinals, Guardians, White Sox, Pirates, Twins, Brewers, Rays, Marlins, Nationals and Reds. Teams that would need to shed payroll to get under the cap are the Dodgers, Yankees, Mets, Blue Jays, Phillies, Red Sox, Braves and Padres. MLB remains the only major North American professional sports league without a cap-and-floor system. The last time baseball owners proposed a firm cap --1994 -- it prompted a 7½-month strike that forced the cancellation of the World Series for the first time in 90 years. MLB eventually withdrew the cap proposal after pressure by the National Labor Relations Board.
‘Union Joe’ left labor movement weaker than it was
February 25, 2025 // As Dominic Pino pointed out last month in National Review, the overwhelming majority of workers in such fields as manufacturing, construction, mining, transportation and warehousing are not union members. Efforts to unionize employees attract disproportionate media cheerleading, especially when the unions target iconic American companies like Starbucks and Amazon. But there isn’t nearly as much coverage when workers in high-profile workplaces vote against joining a union — as they have recently at a Mercedes factory in Alabama, an Amazon warehouse in North Carolina and even Princeton University — or when scores of unions each year are decertified in workplace elections.
Can Women Help Fill the Shortage of Trade Workers? Unions Are Betting On It.
February 15, 2023 // Her website bio describes her as a feminist plumber, but Judaline Cassidy is more than that. She’s nothing short of a tradeswoman evangelist, preaching the gospel of tradework to the masses, and she hopes women are listening. Cassidy was raised by her grandmother in Trinidad and Tobago. Without money to attend college, she began to look at trades, which she saw as the one way she could learn an employable skill and get paid doing it. She chose plumbing.