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Book Review -- Out of Work: Unemployment and Government in Twentieth-Century America, by Richard M. Ebeling, Freedom Daily, Oct 1993
"Richard K. Vedder and Lowell E. Gallaway ... argue ... that real wages—the real cost of hiring workers after adjusting for changes in productivity and in the selling prices of goods in relation to the money wages paid to workers—had actually increased during the early years of the Great Depression, making it increasingly costly for employers to keep workers on the job." |
Catallactic Unemployment, by Ludwig von Mises, Human Action, 1949
Chapter 21, Section 4 |
Protectionism and Unemployment, by Hans F. Sennholz, The Freeman: Ideas on Liberty, Mar 1985
"Economists do know, however, mass unemployment, no matter how painful it may be, cannot be placed on the doorsteps of foreigners. It is a self-inflicted evil of radical interventionism that cannot be alleviated by beggar-thy-neighbor policies. Protectionism only exacerbates it." |
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The Cure for Unemployment, by Roland W. Holmes, The Freeman: Ideas on Liberty, Jul 1982
"... what is the 'appropriate relationship' between wage-rates and prices? ... Allow every person looking for work to accept a job at the highest wage he can get. Let him bid freely. ... The cure for unemployment is free competition for jobs. Only a free market can arrive at 'the appropriate relationship' ..." |
The French Employment Fiasco, by Llewellyn H. Rockwell, Jr., Mises.org Daily Article, 11 Apr 2006
Related Topics: France, Labor
"There are only two reasons for unemployment: legal restrictions that forbid contracts from forming ... and price restrictions that prevent the market for labor from clearing properly ... In other words, involuntary unemployment is always and everywhere brought about by the same cause: government restriction of the market." |
Why Government Can't Create Jobs, by Mark Ahlseen, The Freeman: Ideas on Liberty, Oct 1993
"... it is a fallacy of the Keynesian legacy that government can reduce unemployment by priming the pump with spending programs. Government needs to reduce spending and taxes in order to leave income in the hands of individuals who earned it and who can spend it much more efficiently than the government can." |
How the Welfare State Corrupted Sweden, by Per Bylund, Mises.org Daily Article, 31 May 2006
Related Topics: Sweden, Day Care, Personal Responsibility
"In a recently televised discussion ..., the children and grandchildren of the welfare state met to discuss unemployment ... The demand of the 'grandchildren' was literally that the 'old people' (born in the late 1940s, 1950s and 1960s) should step aside (i.e., stop working) because their working 'steals' jobs from the young!" |
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