Back pain, the unions and social-networking
So how do you explain the postal strike when it makes little-to-no business sense whatsoever? That's the question which Danny Finkelstein sets about tackling in his superb column today. I won't set out his full answer here - you should read the full article for that - but suffice to say that it involves back pain in East Germany and the latest research into social-networking. Overall, it makes a very persuasive case, and one which has clear implications for policymakers. As Danny concludes: "If the Royal Mail dispute were about individual postal workers and their economic interest, it would be easy enough to solve. It could be ended in a conciliatory way with most people better off. Unfortunately things aren’t that simple.