Taft-Hartley Act

Dictionary Says

Definition of 'Taft-Hartley Act'

A Federal law that was enacted in 1947 that prohibited certain union practices and required improvement in union disclosure of financial and political dealings.
Investopedia Says

Investopedia explains 'Taft-Hartley Act'

Basically, the Taft-Hartley act is an outline of the Federal government's requirements for unions. It protects union members against possible unfavorable dealings enacted by the controlling members.

Articles Of Interest

  1. The History Of Capitalism: From Feudalism To Wall Street

    Find out how the economic system we now use was created.
  2. Top 6 U.S. Government Financial Bailouts

    U.S. bailouts date all the way back to 1792. Learn how the biggest ones affected the economy.
  3. Unions: Do They Help Or Hurt Workers?

    Learn the pros and cons of these organizations and how they fit into today's economy.
  4. Free Markets: What's The Cost?

    Some argue that when the free market fails to protect consumers, government regulation is required.
  5. The U.S. National Spending And Debt

    We are looking at what could be the official year of the Federal Budget, or, more specifically, our debt and how we will manage it for many years to come.
  6. Austerity: When The Government Tightens Its Belt

    When a government tightens its belt in tough economic times the entire nation feels the squeeze.
  7. Approved: Paying Online Sales Tax

    States will now be allowed to collect sales taxes on purchases made from Internet-based retailers even if the retailer has no physical presence in that state.
  8. Sequestration: What Will It Do And What Should You Do?

    Learn about the sequester, and possible ways to play it.
  9. Stocks That Follow This Simple Practice Beat The Markets 6-To-1

    We look at what makes Shaw Communications so special, and how you can find other smilarily special stocks.
  10. The Secret Finances Of The Vatican Economy

    The Vatican is the smallest country in the world, and has an economy shrouded in secrecy. Here are some little known facts that will give you a peek into the mysterious world of the Vatican's ...
comments powered by Disqus
Marketplace
Hot Definitions
  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...
  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...
  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.
  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.
  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.
  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center