Tim Worstall

It is all obvious or trivial except…

 

 

Timmy Elsewhere

November 21st, 2007 · 1 Comment

At the ASI.

When evaluating green schemes, "creating jobs" is a cost, not a benefit.

For of course if all those busy little workers were not installing tofu machines to light the yurt growing communes, they’d be off doing something else, curing AIDS, planting turnips or hanging politicians, all things which would arguably increase human happiness more. We are therefore poorer by those things which they will not be doing.

Tags: Timmy Elsewhere

1 response so far ↓

  • 1 Mark Wadsworth // Nov 21, 2007 at 11:26 am

    “Creating jobs” is always a cost. If jobs create themselves, i.e. in productive sector, that is a Good Thing. Going out of your way to ‘create jobs’ is a sure sign of meddling politicians.

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