We Don't Need to Create Jobs — We Need to Create Value

By: Ludwig Heinrich Edler von Mises  •   •  6 Comments  •  7 years ago

An influential left-wing think tank has called for the government to create millions of jobs for those without a college degree, leading to headlines like The Nation’s declaration that “It’s Time for the Government to Give Everyone a Job.” One fatal flaw of such a plan was exposed in the...