Friday, October 7, 2011

Quote regarding unemployment

“Jobs” are deals between workers and employers, and so “creating” them out of unwilling parties is impossible.  The state, though, can outlaw deals, and has.
—Deirdre McCloskey, in Reason magazine.  November, 2011.  Page 29.

Though an insightful quote, it should be noted that government can be an employer, and that public goods do exist.

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