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The demand is the equilibrium I mentioned. Businesses have largely grown to meet demand, or they would be bigger in a small timeframe. > Maybe for you to need
by reallydude 7y ago
The demand is the equilibrium I mentioned. Businesses have largely grown to meet demand, or they would be bigger in a small timeframe.
> Maybe for you to need another employee you need a new product/process/business..
The "I" in the example, was for simplicity, try not to take it too far. The candy vendor family at the fair goes to lots of fairgrounds. They are living on the demand that exists, or he would have more employees than his family. The idea that there is some phantom demand, not being met, is at odds with reality of existing businesses as they exist (if there was more demand, there would be growth). New markets necessarily come at the expense of old markets, by-in-large because the disposable income available does not serve new demand, but is the lever that allows for it. Unless adjusted wages spike, the measurable loss of jobs will outpace the growth in every timescaled window where the related events occur.