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3-4 Make progress, not work - Book Report/Review Example

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Response to the article/video clip – people are under the wrong impression that as long as work is performed, then it must be something good or desirable. However, this is not always the case and it takes some degree of discernment that not all work leads to progress. In the…
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3-4 Make progress, not work
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full Make Progress, Not Work-Bias (an essay response and blog post) 10 July Response to the article/video clip – people are under the wrong impression that as long as work is performed, then it must be something good or desirable. However, this is not always the case and it takes some degree of discernment that not all work leads to progress. In the rare instances as those pointed out by Professor Bryan Caplan, higher productivity and more efficiency is attained if there is less work because of improvements in how the work is being done that results into more output.

The example he cited in the video clip was the use or introduction of tractors in farms that resulted in the agriculture industry able to feed more people. The emphasis he wants people to focus on is productive work that leads to human progress by letting people find work by re-tooling themselves (Caplan para. 3). This reminds me of the protests made by candle makers in eighteenth-century England when the use of electric lamps was first proposed to light the dark streets of London by claiming many of their guild members will be rendered jobless.

Just imagine if London today is using candles! Response to a blog post of a fellow student – I disagree with the observation about the video clip as “Anything that saves jobs is good and anything that destroys jobs is bad.” On the contrary, the professor asserted otherwise; that not in all cases is it good when jobs are to be saved because there are good reasons why a specific job may be lost for good such as due to competiton (especially from overseas suppliers and also due to outsourcing from the rise of globalization in trade and finance).

However, I agree with the view that jobs are lost due to a number of reasons like what a marketing professor put it as “different, better, special.” It is in the nature of free market capitalism to seek industries where profits can be made and job losses are part of what is termed as “creative destruction” but new jos are made (McCraw 18).Works CitedCaplan, Bryan. “Make Progress, not Work.” Learn Liberty, 06 May 2014. Web. 10 July 2014. . McCraw, Thomas K. Prophet of Innovation: Joseph Schumpeter and Creative Destruction.

Boston, MA, USA: Harvard University Press, 2009. Print.Due: July 11, 2014 @ 10:30 p.m.

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