Mises Wire
Author:
Walter Block
Online Publish Date:
The Creation of Jobs If the media tell us that “the opening of XYZ mill has created 1,000 new jobs,” we give a cheer. When the ABC company closes and 500 jobs are lost, we’re sad. The politician who can provide a subsidy to save ABC is almost assured of wide spread public support for his work in preserving jobs. But jobs in and of themselves do