Unions Have Changed

About the Author: Mr. Conrad is a retired college Economics Instructor who is hoping to remove a lot of the confusion, misunderstandings, and myths that surround contemporary economic thinking. We used to think of unions as the UAW, Teamsters, and AFL-CIO, but times have changed.  Now they’re the AMA, ABA, and the NBA!  They’ve gone from being More...

by Carl Conrad | Published 1 month ago
unconditional basic income
By Viliyana Filipova On Thursday, December 29th, 2016
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Finland test implementation of unconditional basic income

Finland intends to examine whether the implementation of unconditional basic income can simplify the social system of the country and lead to more unemployed to find work, according to Finance Apprise Journal. In More...

Wealth inequality in Eurozone
By Victoria Lynden On Monday, December 26th, 2016
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Wealth inequality in Eurozone has increased during the debt crisis

The concentration of wealth among the richest households in the Eurozone has increased since the debt crisis, although the levels of well-being as a whole fell due to lower housing prices, show the results of a More...

Germany workers
By Silvia Hristova On Thursday, December 15th, 2016
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Trade unions push for wage increases for public sector in Germany

The trade unions push for wage increases for public sector in Germany. The trade unions request a 6% increase of wages of 2 million people in the country. The domestic consumption replacing exports as the engine More...

Germany Pensions
By Victoria Lynden On Sunday, November 27th, 2016
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Pensions in East and West Germany equalize by 2025

The ruling Grand coalition in Germany agreed to gradually increase the pensions of those who worked in the former communist East Germany to reach the level of those in West Germany. This will happen in the period More...

Middle Class
By Silvia Hristova On Friday, November 25th, 2016
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Middle class in the EU disappears

The Middle class in the EU decreases, according to the latest report of the International Labour Organisation (ILO). Among the main reasons are the decline in employment, wage cuts in the public sector, weakening More...

Bulgaria Poverty
By Viliyana Filipova On Monday, November 7th, 2016
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Bulgaria is last in European Union by ranking of prosperity

Bulgaria is last in European Union for ranking of prosperity, according to Legatum Prosperity Index, which covers 149 countries. The Eastern European country taken 57th positions and improves its ranking by only More...

Poverty post-communist countries
By Joshua Jadon On Thursday, November 3rd, 2016
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Poverty in post-communist countries decreased

The post-communist countries in Europe have made significant progress during the transition, but the inequality is continuing threat for the long-term development. Since the end of 1990 after the disintegration More...

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