4 ms·
Let's not forget second or third order effects. A restaurant isn't just a restaurant: it involves a lot of other parts of the economy (for example, maintenance,
by lbeltrame 6y ago
Let's not forget second or third order effects. A restaurant isn't just a restaurant: it involves a lot of other parts of the economy (for example, maintenance, supplies....).
So, the moment you shut down something "nonessential" you're actually hurting also other, apparently unrelated economic activities.
IOW, it might end up hurting also those providing "essential" services.
- Joker_vD 6y agoI was talking more about the flow of goods (and services), not about the flow of money. After all, the main point of the economy is to arrange the production and the distribution of the goods, not of money. If the economy is arranged in such a way that when the demand for restaurant food sharply drops down, it suddenly means random people, not even in the restaurant business, can't afford to eat (?!), well, that's not a good way to arrange things, is it now?