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9781137355058

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Pierre Lemieux once again debunks one of the most pervasive delusions driving government economic policy. His lucid writing and vivid examples show why federal programs that seek to create jobs are almost guaranteed to breed boondoggles and undermine productivity throughout the economy. Unfortunately, politicians profit from such schemes no matter how much taxpayers suffer. - Jim Bovard, Author of Attention Deficit Democracy (2006) and Lost Rights: The Destruction of American Liberty (1994) In accessible non-technical language, Pierre Lemieux uses economic analysis to explain why successful policies allow technological change to occur that destroys some jobs, creates other jobs, and improves the standard of living. - Peter Van Doren, Senior Fellow and Editor, Regulation Cato Institute

Pierre Lemieux once again debunks one of the most pervasive delusions driving government economic policy. His lucid writing and vivid examples show why federal programs that seek to create jobs are almost guaranteed to breed boondoggles and undermine productivity throughout the economy. Unfortunately, politicians profit from such schemes no matter how much taxpayers suffer. - Jim Bovard, Author of Attention Deficit Democracy (2006) and Lost Rights: The Destruction of American Liberty (1994) In accessible non-technical language, Pierre Lemieux uses economic analysis to explain why successful policies allow technological change to occur that destroys some jobs, creates other jobs, and improves the standard of living. - Peter Van Doren, Senior Fellow and Editor, Regulation Cato Institute 'When government regulations create more jobs, is that good? Economists say no. Economist Pierre Lemieux also says no, but beautifully explains why. In one anecdote, he tells us how the chainsaw destroyed logging jobs-and made Americans much better off. One of his most powerful messages is that workers' living standards improve when technology destroys jobs. Read, enjoy, and learn.' -David R. Henderson, Research Fellow, Hoover Institution

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Pierre Lemieux is an economist affiliated with the Department of Management Sciences of the Universite du Quebec en Outaouais, Canada, a Senior Fellow at the Montreal Economic Institute, and a Research Fellow at The Independent Institute (Oakland, California). He is author of several books, as well as several newspaper and journal articles.

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