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1.9. The Number of Laborers, Artisans, and Others, Who Work in a State, is Naturally Proportioned to the Demand for Them

EPISODE · Dec 1, 2014

1.9. The Number of Laborers, Artisans, and Others, Who Work in a State, is Naturally Proportioned to the Demand for Them

from An Essay on Economic Theory · host Richard Cantillon

The supply of workers adjusts itself to the demand for labor, across all professions, via wage rates, migration, and changes in population. Prosperity cannot be created by subsidizing job training.From Part 1: Production, Distribution, and Consumption. Narrated by Millian Quinteros.

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1.9. The Number of Laborers, Artisans, and Others, Who Work in a State, is Naturally Proportioned to the Demand for Them

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