Strike Action
As widespread strikes continue across the UK and around the world this summer, this week\u2019s podcast delves into strike action. We discuss what makes a successful strike, whether they are an effective bargaining tool, and if they actually work.\n\nWe recount the history of strikes in the UK and US, account for the steep decline in striking since the 1970s, and provide a few speculative reasons for why you don\u2019t see as many strikes these days. We diagnose the problems facing the world economy and disclose some of our worst-ever jobs.\n\nA few things we mentioned in this podcast:\n\n- Working days lost due to strike action in the public sector - monthly (UK) https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/timeseries/f8xz/lms \n- Bargaining Power, Strike Durations, and Wage Outcomes: An Analysis of Strikes\nin the 1880s\nhttps://davidcard.berkeley.edu/papers/bargain-strikes.pdf \n- Rubinstein bargaining model https://en.wikipedia.org/wiki/Rubinstein_bargaining_model \n\nFor more information on Aleph Insights visit our website https://alephinsights.com or to get in touch about our podcast email podcast@alephinsights.com\n\nImage by Nick Efford via Wikimedia Commons