Re:Central Banks and Disintermediation
by eru on Thursday January 28, 2021 @01:48AM
(#25938974)
The whole point is that the engineers all taken together would make less than the travel agents all taken together.
That's where the consumer surplus and company profit come from.
Second: freeing up the work of 99,500 people would be awesome! You know that nearly everyone used to be a farmer back in the day? Surprisingly, the world today is not made up of 70%+ unemployed farmers?
That's where the consumer surplus and company profit come from.
Second: freeing up the work of 99,500 people would be awesome! You know that nearly everyone used to be a farmer back in the day? Surprisingly, the world today is not made up of 70%+ unemployed farmers?