3 ms·
It's not necessarily always easy or painless. I certainly didn't claim it was. But you can't really grow the economy without introducing labour-saving devices t
by snrplfth 10y ago
It's not necessarily always easy or painless. I certainly didn't claim it was. But you can't really grow the economy without introducing labour-saving devices that change the composition of jobs. Economies didn't have 90% of people working on the farm because they preferred it to anything else; it was that way because it had to be - the productivity of labour was so low. Likewise, if we want the economy to continue to grow at reasonable rates, it must be understood that job change is part of that.