Episode 118 Thank Capitalism for Weekends and Holidays, not Labor Unions

Summary:

Every Labor Day, we suffer the obtuse argument that labor unions are responsible for weekends and holidays off. But it is really the free market, to the extent it is allowed to work, that allows the capital formation necessary to shorten working hours and raise real wages.

Additional Reading:

Corporations and Labor Unions: Great Ideas Corrupted By Government

How Labor Unions Hurt Workers

List of countries by average annual labor hours

Hours of Work in U.S. History

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