The most reliable and effective protection for most workers is provided by the existence of many employers. As we have seen, a person who has only one possible employer has little or no protection. The employers who protect a worker are those who would like to hire him. Their demand for his services makes it in the self-interest of his own employer to pay him the full value of his work. If his own employer doesn’t, someone else may be ready to do so. Competition for his services—that is the worker’s real protection.
– Milton Friedman, Free to Choose
Rust-Bucket Life Extension for the Win
Ticonderoga Class Arleigh Burke Class It seems counterintuitive but keeping old ships commissioned is expensive. Expertise on the hulls ages out and retires, technology moves on and maintenance demands increase and don't decrease. These life extensions are random and...