All Commentary
Tuesday, March 24, 2009

Not All Labor Markets are Shrinking


“There is life — and work — in parts of the economy, from health care workers to hard hats. A handful of states and big industries have added jobs at a remarkably healthy rate throughout the recession, providing hope for job seekers in a tough economy, the Bureau of Labor Statistics reports.” (USA Today, Tuesday)

Recessions correct the errors created during the boom.

FEE Timely Classic
“The Irresistible Force of Market Competition” by Israel M. Kirzner