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Many smart people I agree with you that many smart people work for ordinary wages. But the point seems to be to ask the question: is "many", enough to keep an
by tezza 17y ago
Many smart people
I agree with you that many smart people work for ordinary wages. But the point seems to be to ask the question: is "many", enough to keep an economy growing optimally?
Great Depression[1] : 25% unemployment, thus roughly 75% employment.
Many people were employed, but were enough people in a job?
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[1] http://en.wikipedia.org/wiki/Great_Depression_in_the_United_States http://en.wikipedia.org/wiki/Great_Depression_in_the_United_... "Unemployment fell by two-thirds in Roosevelt's first term (from 25% to 9%, 1933 to 1937)"