At the FEE site, Professor Van Colt presents the essay “‘Creating Jobs’ Will Hurt the Economy”<\/p>\n
full text<\/a><\/p>\n Excerpts: The value of work is easy to grasp at the most domestic level: your own home.<\/p>\n Being a homeowner isn\u2019t easy. Among other things, you always seem to have more chores to do than time to do them. The chores are not ends in themselves. Rather, they are means to an end \u2014 in this case, making a home and yard more livable or aesthetically pleasing.<\/p>\n Opting to do a chore yourself \u2014 \u201cinsourcing\u201d in current parlance \u2014 isn\u2019t costless. You lose the opportunity to enjoy the fruits of your other labors. For example, you could tackle different chores, spend more time with your family, or work extra hours in the marketplace, increasing your income. Hiring someone else to do the chore \u2014 that is, \u201coutsourcing\u201d \u2014 isn\u2019t costless, either. It means you can\u2019t buy other things. Costs represent sacrificed alternatives.<\/p>\n","protected":false},"excerpt":{"rendered":" At the FEE site, Professor Van Colt presents the essay “‘Creating Jobs’ Will Hurt the Economy” full text Excerpts: \u201cGaining jobs\u201d to achieve a given objective is synonymous with worsening your situation, not improving it. The value of work is easy to grasp at the most domestic level: your own home. Being a homeowner isn\u2019t … Continue reading Jobs Are a Cost, Not a Benefit<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-611","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/posts\/611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/comments?post=611"}],"version-history":[{"count":4,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/posts\/611\/revisions"}],"predecessor-version":[{"id":615,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/posts\/611\/revisions\/615"}],"wp:attachment":[{"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/media?parent=611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/categories?post=611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/benbachrach.com\/wp\/wp-json\/wp\/v2\/tags?post=611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cGaining jobs\u201d to achieve a given objective is synonymous with worsening your situation, not improving it.<\/p>\n
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