4 ms·
The thing is, if you have growing productivity but a stagnant population, either everyone works less hours or some people work and others don't work at all. So
by imtringued 3y ago
The thing is, if you have growing productivity but a stagnant population, either everyone works less hours or some people work and others don't work at all. So economists say we should grow the economy so everyone has enough busy work. Whether that growth is actually necessary or not doesn't matter.