In article <3F09A50A.1070705@hotmail.com>,
 Declan Murphy <declan_murphy@hotmail.com> wrote:

> Yes. Some would do it harder than others, particularly in some regions 
> (I never forget Tasmania, rural Ireland or BF Nymagee) or demographics, 
> or if labour mobility was low (for all of which is why I've always 
> supported a welfare net and structural adjustment funds), but the 
> eventual outcome is always "Yes".

You've lost me.  You are saying that there are always vacant positions 
waiting for people to be fired and take them up, or that people in other 
jobs will also be fired, and exchange jobs?

What if a factory closes down?  The total number of jobs in that 
particular region would decrease, and if it was less than the total of 
people wanting work, them surely unemployment would occur?

> I didn't say "a surplus in jobs", just an equilibrium at NAIRU. And as 
> much as I would like to, I don't think I can claim to have found the 
> magic method if comparative advantage was outlined by David Ricardo in 1817.

Ah, now you have really lost me.

-- 
Rodney Webster
http://knot.mine.nu/