Adam Ozemik has two thoughtful pieces up ( here and here) on the economics of unions and the difficulty organized labor faces in a global, dynamic economy.
For most Chinese companies, the domestic market is already so big and dynamic, the additional revenues offered by investing in smaller markets in the Gulf fail to justify the difficulty of operating there, according to Ben Simpfendorfer, an economist and author of The New Silk Road: How a Rising Arab World is Turning Away from the West and Rediscovering China.