The Debt Dialogues is a weekly podcast that aims to educate young people about the welfare state and how it will affect their future. In this episode, I interview Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, on the recent demands by fast food workers for a $15 an hour minimum wage.
Like General Motors, Bethlehem Steel was an iconic American corporation. It was the second largest steel producer in the United States. It helped build the Golden Gate Bridge, over 1,000 ships during World War II, and much of the New York City skyline.
One of the great things about living in a free country is that you have the freedom of association—meaning the freedom to choose who to do business with. For example, if your business is using a contractor who is rude and unreliable, you are free to end your relationship with him and to instead pursue business with someone else. But this freedom is restricted by the Wagner Act.