Mises Wire
Author:
Jörg Guido Hülsmann
Online Publish Date:
[ This article is re-printed from the “International Debate on Re-Industrialization” published in the March 2015 issue of TSEconomist . ] Let me first state my position and then add a few arguments to back it up. Economic growth typically entails a re-allocation of labor away from industrial production, but it does not all by itself lead to