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A charitable interpretation is that it’s an attempt to continue the spectacular growth of labor efficiency that has lifted large sections of the world out of po
by pm90 5y ago
A charitable interpretation is that it’s an attempt to continue the spectacular growth of labor efficiency that has lifted large sections of the world out of poverty. Doesn’t change that it’s rather silly to constantly think of individual actions’ effect on a macroeconomic measure.
- zouhair 5y agoLabor efficiency didn't lift anyone from poverty, social policies did. We are more efficient than any time in history but we still have to work full time to survive.
- imtringued 5y agoProductivity growth and economic growth aren't the same thing. If you have the first but not the second you have more free time. (assuming a demurrage currency and land value taxes)