Massive amounts of gold were discovered in California in January of 1848. Word of the find quickly spread such that 300,000 people from the U.S. and around the world traveled to what became the 31st U.S. state in search of fortune, and maybe fame.
What's referred to as the “Gold Rush” came to mind recently while reading commentary by Ethics and Public Policy Center senior fellow Henry Olsen. Seemingly eager to apologize for the free trade that defines free-market capitalism, Olsen oddly contended that “people in low-growth areas do not get information about good jobs elsewhere,” and because they allegedly don't, Olsen wants the federal government to enhance its information-spreading capabilities so that “an out-of-work coal miner in West Virginia” can be made aware of job opportunities in far-flung places like Wyoming. Somewhere David Brooks is nodding in agreement….
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