“In a market-driven system, consumers decide what is produced, how it is produced, and which jobs are created; however, those who are calling to shift the focus from consumption to jobs are really proposing that we allow them to tell society which jobs are created, where labor is employed, and how capital is invested. The proposal to focus the economy on ‘good jobs’ and not the free decisions of those who earned the income in the first place is industrial policy under which self-appointed guardians, using subsides and tariffs, tell the plebs what is best for them to produce and consume.” – Gramm & Boudreaux
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