Article 3SXSH Protecting Jobs for Their Own Sake Stifles Economic Growth

Protecting Jobs for Their Own Sake Stifles Economic Growth

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from from FEE on (#3SXSH)

"Economic progress and job destruction go hand in hand. Jobs are destroyed when a better mousetrap or computer program is developed or when work is made obsolete by more efficient or cheaper means of production. No country can afford an idle population. By the same token, no country can afford to treat jobs as so many ounces of gold that must be counted stored and protected from obsolescence."

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