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Replacing jobs with better or lower cost alternatives is not an externality. Like if you switch from a low quality butcher to a higher quality butcher, you are
by maxerickson 1y ago
Replacing jobs with better or lower cost alternatives is not an externality.
Like if you switch from a low quality butcher to a higher quality butcher, you are not imposing a cost on the lower quality butcher.
You can not like it as a consequence of course, whether it is an externality or not.
- hermitcrab 1y ago>Replacing jobs with better or lower cost alternatives is not an externality. Replacing 3 delivery guys with 1 drone maintenance guy imposes a cost on society if those delivery guys can't then find work.
- pixl97 1y agoFine, then we stop making heavy equipment and dig ditches with spoons.