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Re:A dishwasher can make or break a restaurant by piva00 on Wednesday August 28, 2024 @10:25AM (#41379885)
> Of course, this theory works best in a dynamic economy where people and capital can move around with a minimum amount of friction.

This assumption is akin to a spherical cow, frictionless surface, etc.

In the real world capital and people won't ever move around with a minimum amount of friction, nor will people retrain for other jobs easily.

Re:A dishwasher can make or break a restaurant by dfxm12 on Wednesday August 28, 2024 @11:22AM (#41380522)
Spherical cows are more or less a natural impossibility. The economic system in the US is designed to add friction for people like those in these types of situations to switch jobs, retrain, etc. That's an important distinction.
Re:A dishwasher can make or break a restaurant by FredPret on Wednesday August 28, 2024 @10:32AM (#41379962)
Dishwashers can easily move to other low-wage jobs if they exist