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There can never be enough jobs for everybody with 'free markets'. Structurally there can only ever be 95 jobs for every 100 people. Inflation is controlled by a
by neilwilson 9y ago
There can never be enough jobs for everybody with 'free markets'. Structurally there can only ever be 95 jobs for every 100 people. Inflation is controlled by an unemployment buffer - because matching people to jobs doesn't clear a market in a world with full time jobs.
- macspoofing 9y agoThat makes no sense. Labour shortage is a real thing.