3 ms·
Mostly true, to a point... But there will usually be a point of diminishing returns on marginal labor productivity, when we hit the limits of capital utilizatio
by SkittyDog 5y ago
Mostly true, to a point... But there will usually be a point of diminishing returns on marginal labor productivity, when we hit the limits of capital utilization.
But that's not really relevant in thr current labor market... it seems clesr enough that we're way over at the other end of the scale.