3 ms·
Sounds like a "shortage of (quality) labor" problem. Industrial products are great, but craftsmanship is lacking because almost nobody can afford it.
by Gare 2y ago
Sounds like a "shortage of (quality) labor" problem. Industrial products are great, but craftsmanship is lacking because almost nobody can afford it.
- astrange 2y agoServices become expensive when the servicepeople have better/more productive things to do, because you need to pay them more to keep them in the industry. https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect