Labor Day: What Are We Celebrating? By Jason Clemens
On September 1st, Labor Day, cities across the country will hold barbecues, parades, and picnics. On this reprieve from our work routine, it's worth reflecting on what we're celebrating. It is also a good time to ponder some proposed labor-law changes that would affect all workers.
Human labor, coupled with imagination and the right economic institutions, has provided societies with a previously unimaginable level of prosperity and standard of living. Human labor is a dynamic process through which individuals add value to raw materials and give form to ideas only previously imagined.
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