An Essay on Economic Theory

1.9. The Number of Laborers, Artisans, and Others, Who Work in a State, is Naturally Proportioned to the Demand for Them

An Essay on Economic Theory by Richard Cantillon
Richard Cantillon

The supply of workers adjusts itself to the demand for labor, across all professions, via wage rates, migration, and changes in population. Prosperity cannot be created by subsidizing job training.

From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.