[star]The American Mind[star]

November 24, 2003

An Economic Fable

Gene Callahan has written one great fable on the benefits of trade. After reading it you'll understand that fears of lost manufacturing jobs are unfounded. The key to wealth is market being free to use scarce resources to satisfy people's desires.

"The Nation That Lost Its Jobs, But Got Them Back" [via Deinonychus Antirhopus]

Posted by Sean Hackbarth in Economics at 12:45 AM | Comments (0)