Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The International Longshoremen’s Association (“ILA”) and US Maritime Alliance (“USMX”) have negotiated a new collective bargaining agreement. If it is ratified, a strike at East and Gulf coast ports and the related inflation threat will be avoided. The USMX must pay the price of the loss of the cost efficiencies of automation.
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