Tuesday, 20 August 2013

The First Step to a Free Detroit–Let Them Work!

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I have received more personal emails regarding my earlier essay Declare Detroit a Free City than all my other essays put together. Some have been especially poignant. For example, one lady said that she and her husband, who has been unemployed for two years from a company for which he worked for twenty-five years, would move to a Free Detroit themselves, confident that her husband could find work. I pointed out to her that Ludwig von Mises explained that the only real barrier to economic expansion was the limited supply of labor, which puts a practical limit to the expansion of the division of labor. In other words, the larger the pool of labor, the more specialized is the economy, which results in lower costs of production.

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