Morgantown, WV – As the nation observed Labor Day, Chris Freiman, Professor of General Business at West Virginia University, issued a concise "Labor Day reminder" via a tweet, prompting a re-evaluation of traditional perspectives on labor and economic progress. While the specific content of the linked reminder was not immediately detailed, Professor Freiman's extensive body of work in political philosophy and economics suggests a focus on the dynamic nature of labor markets and the benefits of free-market principles. His message likely encourages a shift away from static, zero-sum economic views.
Professor Freiman, known for his libertarian perspectives, frequently argues against the notion that an increased labor supply automatically leads to lower wages. In a recent article titled "Labor Supply and Wages - Stranded Workers Edition" published in January 2025 on Econlib, he posited that additional people can be a significant benefit for wealth creation through the division of labor and cooperative efforts. This contrasts sharply with the "fixed pie" fallacy, where more workers are seen as diminishing resources for others.
His economic philosophy emphasizes that wealth is continuously created through productive, mutually beneficial interactions rather than simply being divided from a pre-existing supply. This viewpoint suggests that the addition of new participants in the economy represents an opportunity for growth and mutual benefit. Freiman's work often highlights how free markets, coupled with individual liberty, can foster an environment where workers are empowered.
Freiman has also critiqued regulations and barriers, such as occupational licensing, arguing they hinder worker mobility and competition, which are essential safeguards against worker domination. He contends that the right of exit and robust competition in the labor market provide more protection for workers than centralized controls. His "Labor Day reminder" aligns with his consistent advocacy for policies that enhance economic freedom and individual agency in the workplace.
The tweet, which simply stated, > "A Labor Day reminder,"
-- Chris Freiman (@ChrisFreiman)
serves as a concise encapsulation of his ongoing academic discourse. It encourages reflection on the foundational principles of labor, urging a recognition of the collaborative and wealth-generating potential inherent in a free and dynamic economy, rather than focusing solely on historical struggles or fixed resource allocation.