>Somebody somewhere gets chairs that wouldn't have got them if you had been producing 1 chair per day. I hope you noticed that this somebody is someone else an

>Somebody somewhere gets chairs that wouldn't have got them if you had been producing 1 chair per day. I hope you noticed that this somebody is someone else and not you. It could be another executive from another company. The thing is, people don't care about stuff, because stuff is cheap. They need money to pay for housing and they need only the money, because if people stop consuming and spend more money on housing, the housing gets more expensive even for those who would have otherwise spent their money on consumption. Those people also need more money, not stuff, to spend on housing. When things get more expensive for no reason, the economy must grow regardless of whether people want to consume more. Most wealth is about the allocation of already existing stuff and transforming it into something convenient. Humans didn't create the oil or iron ore in the soil. They just dug it out. Stuff is never produced, only transformed, so economics will always be about fighting for getting that initial endowment.