The Underpaid Worker Myth
Do workers in market economies need labor unions to ensure that they are paid fairly – that is, to ensure that they’re paid wages that reflect the market value of what they produce? Many people are confident that the answer is yes. And the ranks of people offering this answer are lately further swelling as they fill with populist conservatives such as Sen. Marco Rubio (R-FL) and those at Oren Cass’s American Compass.
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