11 November, 2010

Angers medias still believe in the division of labour


Between the words of a question, it is sometimes possible to understand the vision of the Angers medias about economic issues. In a copy published on november 10th, a former high civil servant, recently retired, who chose to become barrister, was asked by an editor if his second career would lead him to take a job available to a younger person...

If such an idea was true, the new lawyer should not be criticized because he made his former job available to a young graduated. Many people in France consider, wrongly, that work can be shared out, like Jesus-Christ who did it with bread. Work can be shared out, it can only be created what was demonstrated by an old economic theory, formulated by the french protestant Jean-Baptiste Say (who was also editor) "Supply creates its own demand".

So, the involvement in the Bar of a former civil servant specialized in public finances will generate a demand of advice from companies working with the state. The dividing of something, a very honourable and nice idea (once more promoted by the demonstrations in Angers against the reform of the pensions system) doesn't nevertheless create nothing more, nothing new. The more the people work, the more they create jobs and wealth, and vice-versa.

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