Prof. Steve Horwitz: Does Government Create Jobs?
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- Опубликовано: 7 апр 2013
- Many people have been talking about job creation lately, especially politicians. But is government the best creator of jobs? And is job creation the best thing for the economy? Professor Steve Horwitz explains that there is a difference between creating jobs and creating wealth. Creating jobs is relatively easy, but the most economic progress is made when jobs are eliminated because they become unnecessary. This does lead to some unemployment, but the alternatives are worse. To prevent transitional unemployment would also halt innovation, growth, and the reduction of poverty. So what is the best way to create valuable, meaningful jobs? Professor Horwitz says, "The best job-creation program in human history is the free market and the entrepreneurship it generates."
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Holy crap I was saying this stuff when I was 11 and my parents got hella annoyed.
steve jobs even has word jobs in his name
Free market entrepreneurship is the best Job Creator not Govt.
People create jobs, not government
"just give them spoons"
holy shit lol superconvinced
I fucking love this channel. It presents superior forms of arguments that I have been offering to people in half the time!
Thank you Learn Liberty, you are amazing.
This is one of the best videos I've seen on your channel in a while.
The thing about these videos is, they start with some economic dynamic that makes sense, and then they lose me when the inevitable "Therefor, the government can't possibly help." part comes.
Great animations! Keep up this high quality type of video!
As a computer programmer, I am routinely writing software that puts unskilled labor out of work. If that process continues, I imagine eventually robots and AI will advance enough that there will be very little need for unskilled labor of any kind. How will the free market handle that scenario? Will everyone need to go to college or get a PhD?
If I wanted to find more music like what's in the background of this video, what should I search for?
I DEMAND MORE SUCH VIDEOS !
This video was enlightening. Thanks.
This is spot on.
When the economy sits idle for years on end there is real human suffering taking place. When the market fails to provide, it is necessary for governments to step in and fill the gaps. Unfortunately, Western governments seem to have forgotten how to do this effectively in the post-1970's era.
Is this a small part of a documentary-speech (or something)?
The government has a LOT of money, so they do have the potential to create jobs - if not directly, then via research and development.
Yup, automation, entrepreneurship, research, creativity are the things needed for the future, to succeed on the free market, the best place to find what's working and what's not, for more productivity.
Yeah... I can't argue with anything you say here. Thanks for the information.
Got to love that Learn Liberty with their talking about real fiscal solutions and important social issues. Finally some people are willing to talk about princaples and ethics over politics.