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Im not entirely sure this cost disease goes against classical economics. The value of a teacher increases as the children's expected economic value in the futur
by conanbatt 9y ago
Im not entirely sure this cost disease goes against classical economics. The value of a teacher increases as the children's expected economic value in the future increases in productivity.
In any case, the restriction of how much people should be able to work could affect workers positively or negatively, but its not the solution to the problem of productivity and distribution.