Monday, July 28, 2008

Labor unions always want to create a monopoly

They want to control the supply of labor and have absolute power over who enters a trade. The latest example: Metro Nashville Taxi Drivers.

Abdinasir Ismail, one of the founders of the MNTBA, says drivers aren’t making any money because the market is oversaturated. He wants to see the Transportation and Licensing Commission reduce the number of permits available to increase demand.