Featherbedding
From Mises Wiki, the global repository of classical-liberal thought
Featherbedding is the labor union practice in a hampered market economy of forcing employers (1) to employ more persons than necessary for the efficient performance of a task, or (2) to pay persons for work they have not performed.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-12.
