AUSTRIAN ECONOMICS ADDICT

In order for our economy to operate at it’s optimum level, the arbitrary interventions by Government have to stop. Government can’t create productive jobs, they can only create make work jobs. These jobs are consuming our most scarce resource, labor. Let the market decide what labor is the most productive, don’t allow the Government to make decisions that are yours alone to make. Government doesn’t have enough knowledge to make the right decision on what the consumer wants.

Watch this short video by Steve Horwitz at Learnliberty.org. as he talks about productive and non productive jobs.

This entry was posted on June 10, 2013 at 12:42 am and is filed under Econ. 101. You can subscribe via RSS 2.0 feed to this post's comments.

Tags: Employment, Government, Make-work job, Productivity