14 Oct
2005
14 Oct
'05
10:15 a.m.
"Jeff Davis" wrote:
Well, your own example proved the existance of productivity gains - 3 people
with a machine could produce as much as 10 people without the machine, ergo
the 3 people are more productive. If you give 9 of those workers the
machines, and keep 1 around to do maintenance on the machines, the whole group
is nearly 3x as productive.
yes, but what if the 7 people who loose their jobs leave town and the town
goes belly up?
if you measure at the planet level it all probably makes sense, but at a
local level it's not so clear.
20,000 unemployed textile works in NC who won't ever be retrained may
have a better understanding of this effect... (but only in NC).
-brad