We need To Think About Value-Add When We Create Jobs

The Scotsman reports today that 40 jobs will be lost due to ending of tolls on the Forth Road Bridge (http://news.scotsman.com/edinburgh.cfm?id=1352572007). I do hope all these people will shortly find more rewarding employment elsewhere. I also applaud removing these tolls as I can’t begin to think of any good reason why it makes economic sense to continue to incur the toll-collection costs considering the marginal value-add of the tolls themselves.

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