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This analogy doesn’t seem to add any explanatory power. Corporations can’t magically know the optimal number of employees to maximize profits. And even if they
by zeroonetwothree 3y ago
This analogy doesn’t seem to add any explanatory power.
Corporations can’t magically know the optimal number of employees to maximize profits. And even if they could this will change over time. So we should expect them to cut when they have too many and hire when they have too few.