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Cake day: June 12th, 2023

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  • I give the Democrats a really hard time (mainly because I have much higher expectations for them, and so I hold them to a much higher standard than the Republicans), but I can’t deny that Democrats, generally, listen to experts and follow their guidance much more than Republicans. I would even say the Democratic party is somewhat of a technocratic party, for better or worse. It is in this light that the apparent “flip flop” regarding unions should be seen. Both parties became anti-union during the neoliberal era because economists were largely anti-union. Their models or formulas were telling them that unions were bad, so that became the orthodox position of mainstream economics, and Democrats trusted in their expertise. Now, many mainstream economists have decided that unions are good, actually, and so Democrats have once again followed the experts. I’m not sure what changed in the economists’ models or formulas that made them rethink their position on unions, but then economics has always been a bit of a mess.