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Farm Economics

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Uploaded by on May 8, 2007

"The farmer sells food to the city and buys goods in return." (College introductory economics level.)

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Uploader Comments (leearnold)

  • 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 -- See the video: "24. Adam Smith, chapters 1-2-3"

  • 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.

  • Absolutely true! Indeed, "civilization" originally meant something like "citification."

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  • Very well-explained!

  • that's good

    i'm interested in your study case (ecology + economics)

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