The Not-So-Simple Economics of Right-to-Work Laws

There was much hand wringing and an equal amount of triumphant cheering last month, when Michigan became the twenty-fourth state to adopt a right to work (RTW) law. It joined Indiana, which went RTW last February, as only the second major industrial state with such a policy. Much of the commentary portrayed the spread of […]

UK Employment Keeps on Booming

Was there any bad news in today’s labour market numbers? if you were looking for it, it would be the fact that pay, rising by 1.6% (1.8% excluding bonuses) is still running below inflation, 2.6%. Or it would be that, at 8%, unemployment is still high, and much higher among young people. But the big […]