Forced-Unionism States Were on Average 20% More Costly to Live in Than Right to Work States in 2012

Cost of Living4th Quarter 2012 Recently the Jefferson City-based Missouri Economic Research and Information Center (MERIC) published comparative cost-of-living indices for the 50 states covering the fourth quarter of 2012. (See the link above.) The National Institute for Labor Relations Research has now used these data, plus MERIC’s indices for the previous three quarters of…

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Does Compulsory Unionism Make You Poorer?

Seven Lowest-Ranking States For Cost of Living-Adjusted Income Lack Right to Work Laws (Click todownloadFact Sheet) Economists who wish to compare living standards among various countries routinely use purchasing power parity (PPP) in their calculations. As its Wikipedia entry explains, PPP is “an economic theory and a technique used to determine the relative value of…

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