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As you know, there's a tension between profit and resilience. Resilience requires slack, which reduces profits. We regulate bank reserve ratios. A burden impos
by specialist 4y ago
As you know, there's a tension between profit and resilience. Resilience requires slack, which reduces profits.
We regulate bank reserve ratios. A burden imposed onto each org in order to keep the whole system humming along.
Labor should be treated the same way. Perhaps thru regulating utilization rates, by sector.