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Mises Institute

Foundation teaching and researching the scholarship of Austrian economics, freedom, and peace · wikipedia · twitter

Job Guarantee disagreed by Mises Institute
This is made clear by taking the argument to its logical conclusion and considering a government proposal that paid one set of workers to dig ditches and the other set to fill them back in. While there would be a virtually unlimited number of jobs that could be created under such a program, there is clearly no value creation of any kind. Thus, a government-mandated job omits the very thing that ma... See More
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