We can eliminate unemployment overnight!

And it's really very easy, writes Lew Rockwell in LewRockwell.com.

The catch? We have to eliminate the minimum wage and let individuals decide how much (or little) they are willing to work for. Exploitation? Mr. Rockwell has an answer for that, too:

I propose to you, then, a definition of exploitation that comes from the writings of William H. Hutt: violence or threat of violence implied in the negotiation of anything affecting the life of a worker or employer. In that sense, the present system is exploitation. Workers are robbed of wages. Employers are robbed of profits. Poor people and young people especially are robbed of opportunity.

However, employers must be assured that a free labor market will be the policy on the long run -- otherwise, they will be hesitant to make the commitment to new employees.

I firmly believe that, in a free labor market, anyone of working age, except some elderly and the very severly disabled (either mentally or physically) can find a job. In fact, the developmentally disabled could be utilized far more in some manufacturing situations they are, simply because many of them thrive on the repetitive tasks that drive the rest of us batty.

This is what libertarianism is really about -- removing governmental barriers to individual opportunity. For a few people (government regulators and union organizers, for example), such a system would provide great hardship. For the rest of us, it would bring great hope for a better life.