Unpacking Union Power: Trade-Offs and Impacts on Jobs with Liya Palagashvili

In this episode, Liya Palagashvili, a senior research fellow at the Mercatus Center, joins host David R. Osborne to discuss her forthcoming research on the costs and benefits of powerful labor unions.  Her findings suggest that, while unions can secure higher wages in the short term, they may lead to slower employment growth and fewer jobs in
the long run.

They explore the impact of union strength, the role of job security, and the potential benefits of decentralized union models.

Wrapping up, David and Liya touch on the public sector, noting that job security clauses can limit job opportunities and mobility, particularly for younger workers.