http://www.paulgraham.com/wealth.html http://www.paulgraham.com/wealth.html To take an example to the extreme, it would be wasteful if Warren Buffet hired 10,0

http://www.paulgraham.com/wealth.html http://www.paulgraham.com/wealth.html To take an example to the extreme, it would be wasteful if Warren Buffet hired 10,000 painters to paint a portrait of himself everyday. The GDP would go up, but it wastes effort, effort that can be allocated more efficiently. (Using his own example here)