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RSS FeedsReal World Economics: Politicians should heed free-market principles
(WorldNews Business)

 
 

18 august 2018 20:36:34

 
Real World Economics: Politicians should heed free-market principles
(WorldNews Business)
 


Being for free markets is not the same as being for business. That hard truth is frequently ignored by politicians, most recently in a bill that would override existing labor contracts in the newspaper business. As a businessman before entering politics, Minnesota Rep. Erik Paulsen, a Republican, should know that government intervention in business dealings, especially contractual ones after the fact, often harms fairness and wastes resources. Edward Lotterman The Save the Community Newspaper Act of 2018 would let some newspapers postpone making contractual pension fund contributions over coming years. The bill would not cancel the papersī obligations, but delay them. And Paulsen correctly...


 
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