{"id":3247,"date":"2011-02-21T23:43:50","date_gmt":"2011-02-22T03:43:50","guid":{"rendered":"http:\/\/shermandorn.com\/wordpress\/?p=3247"},"modified":"2011-02-21T10:47:18","modified_gmt":"2011-02-21T14:47:18","slug":"hard-predictions-at-the-asymptotes-union-version","status":"publish","type":"post","link":"https:\/\/shermandorn.com\/?p=3247","title":{"rendered":"Hard predictions at the asymptotes, union version"},"content":{"rendered":"

Shorter story of the Wisconsin conflict over collective bargaining, Yglesias Depressing Version:<\/p>\n

\n

[T]he classic postwar American dynamic of an economy with a large minority of the workforce unionized is fundamentally unstable. In the long-run the two equilibria are toward a non-union economy or else toward the Nordic model where virtually everyone is in a union.<\/p>\n

Matthew Yglesias, Labor Unions and Me<\/a>.<\/p>\n<\/blockquote>\n

This is an interesting (and un-Yglesias-like) confusion of "obvious equilibrium points" with the potential states of any system. Generally, political economy doesn't rest in equilibrium, and we should be comfortable working towards the states of disequilibrium that are best. Or, to put it another way, in the long run, Yglesias and I are both dead–and death is a very stable equilibrium. In the short run, I'll fight for unionization and I hope he will, too.<\/p>\n","protected":false},"excerpt":{"rendered":"

Shorter story of the Wisconsin conflict over collective bargaining, Yglesias Depressing Version: [T]he classic postwar American dynamic of an economy with a large minority of the workforce unionized is fundamentally unstable. In the long-run the two equilibria are toward a non-union economy or else toward the Nordic model where virtually everyone is in a union. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[21,17],"tags":[],"class_list":["post-3247","post","type-post","status-publish","format-standard","hentry","category-politics","category-union"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pag0MB-Qn","_links":{"self":[{"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/posts\/3247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shermandorn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3247"}],"version-history":[{"count":3,"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/posts\/3247\/revisions"}],"predecessor-version":[{"id":3250,"href":"https:\/\/shermandorn.com\/index.php?rest_route=\/wp\/v2\/posts\/3247\/revisions\/3250"}],"wp:attachment":[{"href":"https:\/\/shermandorn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shermandorn.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shermandorn.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}