Why have unions declined over the last 30 years?

Account for the collapse of private sector trade unions in industrialised economies since the 1980s. Why has the experience of public sectors been different? In the 1980s 54.5% of employees were trade union members but by 2000 this number was below 30%. This decline in unions can be seen through a variety of measures; in Read more about Why have unions declined over the last 30 years?[…]

Minimum Wages

Why have statutory minimum wages become more prominent in recent decades? Why have they generally had little adverse effect on employment? Prior to the introduction of the national minimum wage (NMW) in 1999 there had been no statutory wage floors since the abolishment of the Wages Councils in 1993 by the Conservative government. Growing wage Read more about Minimum Wages[…]

New Labour v.s. Old Labour

New Labour was forced by political circumstances to adopt neo-liberalism and the Conservative European, Foreign and Defence policies, and so abandoned traditional Labour party ideology. Discuss. New Labour began government with a promise not to increase spending above Conservative plans for the first two years of their government along with no increases in basic or Read more about New Labour v.s. Old Labour[…]

French Labour Inflexibility

This article shows the the extent of the French labour market inflexibility and as a result the uncompetitiveness of the French economy and may provide an explanation as to why it is falling behind compared with Northern European economies. Meanwhile UK unemployment falls again, despite economic output similarly falling, this will result in a fall Read more about French Labour Inflexibility[…]

The Costs and Distributional Effects of Unemployment

The classical view on unemployment says that there are only unemployed people who are not able and willing to work at the going wage rate. So if people would accept a lower wage they would find jobs. In this view all unemployment is a short-term problem and the best solution is laissez faire – leave Read more about The Costs and Distributional Effects of Unemployment[…]