Monday, June 27, 2011

Unions and Airlines

I love aviation: physics, application, business and especially piloting. Yet, aviation in this age is depressing and shameful. In this article, Unions and Airlines, Phillip Greenspun discusses one reason why. Unions really aren't so great after all. Golly gosh, who knew?

Gov't "enforcement" subsidies to unions have distorted the transpiration business. Buying US airline stocks is a good way to lose money... regularly.