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Well, I think you don't really know what a job is and what efficiency should be. A job is demand that has to be fulfilled by another human being. Demand comes
by eugenejen 12y ago
Well, I think you don't really know what a job is and what efficiency should be.
A job is demand that has to be fulfilled by another human being.
Demand comes from desires of human beings.
We as human beings, can have unlimited desires.
We as human beings, are limited by time of lives.
To create jobs is to create unlimited demand that need to be fulfilled with trading of time of another human beings.
Efficiency is to increase the purchase power of time. Then wealth of lives of human beings.
And wealth has to flow, otherwise prosperity won't appear.
And desires are limited by our imagination.
- deleted 12y ago[deleted]
- gone35 12y agoBeautifully, concisely put! It is a shame though your downvoters elsewhere in this thread fail to appreciate your effort at explaining the --admittedly quite unintuitive-- demand side of the macroeconomy.
- eugenejen 12y agoThanks for your appreciations. It is hard for me to explain those ideas as other do. But yes, I feel the current problems is we forget the demand side of economy.