There's no mystery to economic growth. The change has been freedom.
- China was once the face of unrelenting poverty. Today, its people are much freer economically, and the evidence can be found in shimmering cities across the country. What changed?
- Politicians aggressively took away freedom, and suddenly eating in a restaurant, trying on clothes in a clothing store, flying on a plane, or merely touching one's face had life or death qualities.
- If politicians are actively meddling in private decisions (economic and personal), their meddling will among other things elicit halting actions by the people who comprise any economy.
- While investment powers economic growth, the investment flows signal flows of more than trucks, tractors, airplanes, offices, desks, chairs, and other resources.
- The higher prices are a consequence of hideous takings of freedom that among other things caused workers to question where they’d previously taken their talents.
- Eager to protect us from our allegedly stupid selves, the very class of people who gave us Vietnam, the Passport Office, and the DMV suddenly took away our right to work, operate our businesses, and live our lives.
- In which case it’s worth thinking about ongoing staffing shortages at airlines and restaurants, among other sectors.
https://brownstone.org/articles/stop-blaming-workers-for-the-labor-shortage/
No comments:
Post a Comment