But the overall pie is bigger. Sure, less people have work, but that's because less work suffices as productivity is improved by technology. Losing jobs isn't necessarily a bad thing on a macro scale.
FortNikitaBullion 8 months ago
@FortNikitaBullion -- See the video: "24. Adam Smith, chapters 1-2-3"
leearnold 8 months ago
Very well-explained!
VoiceHunter 1 year ago
That is a lot of work to make greater efficiency into a problem. More food produced by fewer workers is a good thing. It is called civilization.
snopro54 2 years ago
Absolutely true! Indeed, "civilization" originally meant something like "citification."
leearnold 2 years ago
that's good
i'm interested in your study case (ecology + economics)
MRSenviecon 2 years ago
But the overall pie is bigger. Sure, less people have work, but that's because less work suffices as productivity is improved by technology. Losing jobs isn't necessarily a bad thing on a macro scale.
FortNikitaBullion 8 months ago
@FortNikitaBullion -- See the video: "24. Adam Smith, chapters 1-2-3"
leearnold 8 months ago
Very well-explained!
VoiceHunter 1 year ago
That is a lot of work to make greater efficiency into a problem. More food produced by fewer workers is a good thing. It is called civilization.
snopro54 2 years ago
Absolutely true! Indeed, "civilization" originally meant something like "citification."
leearnold 2 years ago
that's good
i'm interested in your study case (ecology + economics)
MRSenviecon 2 years ago