"Apprenticeship, with and without pay, has been a centuries-old institution in many parts of the world, and unpaid labor was not uncommon in the United States as late as the Great Depression of the 1930s, when people desperate for work took jobs without pay for the sake of
gaining work experience that would improve their chances of getting paid jobs later, either with the same employer or
with other employers who were hiring only experienced workers." People like F.W. Woolworth who was a "country bumpkin who was so inept that his duties were at first confined to sweeping the floor" turned his life around with UNPAID EXPERIENCE to become the founder of the F. W. Woolworth retail chain.
The above quotes are from
"Applied Economics: Thinking Beyond Stage One", a
highly recommended book by Thomas Sowell and previously posted on my blog. Mr. Sowell will tell you the truth about:
- Politics versus Economics
- Free and Unfree Labor
- The Economics of Medical Care [don't miss this chapter if you believe Gov't option is good]
- The Economics of Housing
- The Economics of Immigration [also a must chapter -- there cannot be a "general" immigration plan]
- The Economics of Discrimination
- The Economic Development of Nations
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