The government can create jobs from "summary" of 23 Things They Don't Tell You About Capitalism by Ha-Joon Chang
The idea that the government can create jobs is often dismissed as unrealistic by many mainstream economists, who argue that job creation is the sole domain of the private sector. However, this belief is based on a narrow view of the economy that fails to take into account the role of government intervention in creating employment opportunities. In reality, the government has a range of tools at its disposal to stimulate job growth, including public works projects, investment in infrastructure, and direct job creation programs. One of the most effective ways in which the government can create jobs is through public works projects. By investing in the construction of roads, bridges, schools, and other public infrastructure, the government can create a significant number of jobs in the construction industry. These jobs not only provide employment for workers in the short term but also have long-term benefits in terms of improved infras...
Similar Posts
Sovereignty is a precious gift that should be protected
The notion of sovereignty is not merely a dry legal concept, but rather a profound and invaluable gift that must be cherished a...
Intangible assets can be difficult to value accurately
Valuing intangible assets is a complex and challenging task for businesses and investors alike. Unlike physical assets, such as...
Rent control
Rent control is a policy that sets limits on how much landlords can charge for renting out their properties. This is often done...
Workers must develop new skills to remain relevant in a world dominated by robots
In a world where machines are increasingly capable of performing tasks that were once the exclusive domain of humans, it is bec...
Tradeoffs are inevitable in decision-making
In any decision-making process, there are always tradeoffs that must be taken into account. These tradeoffs are inevitable beca...
The world is on the brink of ecological collapse
The world is facing a critical moment in its history, a moment where the very foundations of our existence are being threatened...
Grassroots movements are vital in the fight against climate change
Grassroots movements are where our best hope lies. They are the antidote to the profit-driven, growth-obsessed system that got ...
Building resilience can improve overall wellbeing
Building resilience involves developing the ability to withstand adversity and bounce back from setbacks. This capacity is cruc...
Central planning stifles creativity and innovation
The imposition of a centrally planned economy inevitably leads to a suppression of individual creativity and innovation. This i...