There are so many reasons unions are important. Many of the rights we enjoy at work have been won because of union campaigns. To mark #heartunions week, here are just nine reasons: 1. Unity is Strength â unions provide workers with a powerful, collective voice to communicate to management their dissatisfaction and frustration.
Nothing but the most exemplary morals can give dignity to a man of small fortune. Adam Smith (16 June 1723 â 17 July 1790) was a Scottish-born economist and philosopher, widely considered the father of modern economics.
Adam Smith, Modern Economics and Self-Interest. Smith is most widely known today for his explanation of rational self-interest in a free-market economy and how this can lead to an overall economic well-being for those that sell goods and services and those that purchase them. Smithâs basic position and teaching posits that though it is not commonly thought in such terms, humans act rationally and thus typically act in their own self-interest.