Professor Mark J. Perry's Blog for Economics and Finance
The writers' strike basically shapes up as a couple of third cousins at Thanksgiving dinner arguing over who gets a slightly larger slice of the billion dollar pumpkin pie: the writers who create the movies and shows, or the corporations who actually take all the financial risk that allows us Hollywood writers to write in Hollywood in the first place.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
3 Comments:
Meanwhile, all of the production crew, who make significantly less, are all laid off during the holiday season.
Hope this is worth it, writers.
Are they still on strike?
alex a-
First off let me assure you that the entire human race is much, much better off without any TV, Hollywood Movies, or Broadway for a while.
Question: Are you under a misguided impression that those production's crews aren't typically unionized as well?
I've always thought unions can best validate themselves not just when they exhibit solidarity amongst their membership, but via the same solidarity of other unions as well. You appear to suggest that those other unions are whining about their work stoppage during a time when their fellow brethen is standing up for an appropriate compensation.
Hmm.. which conjures another thought- would the writers even NEED to stop working if the Grips went on strike? How about if the Cameramen did? Foley artists? Carpenters? Makeup? Caterers?
The writer might just have a point concerning their personal value on the food chain.
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