The creation of so-called “green jobs” is being touted as an important means of stimulating our economy. But according to economist Andrew Morriss of the group PERC, many of these green jobs are in fact harmful to economic growth. Comments Morriss: “Many of the green jobs being promised include the creation of more lawyers, bookkeepers and government workers. But creating jobs for writing and enforcing new regulations and processing paperwork does not add to economic growth, it slows it down. Growth occurs when unproductive jobs are minimized and goods and services are efficiently produced. Much of the promised boost in green employment turns out to be in non-productive positions that raise costs for everyone.”
March 4, 2011 by CFACT,
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