updated 3mo ago
- No small number of economists are hard at work studying how to bring the economy to full employment. But what these economists are forgetting is that full employment is not the same thing as full output. Ideally, we’d want to maximize what we’re getting out of the economy rather than what we’re putting into it. Full employment just means we’re keep... See more
from The Economy Is a Giant Vending Machine by Medium
Johanna added
- Our current economic system conditions us to see the world as either an optimization or a maximization problem. When we see time as money and rest as being lazy (or even antisocial), and when we’re all busy with self-optimization and dependent on services that offer more and more convenience in order to repeatedly keep up with the increasing requir... See more
Alex Dobrenko added
- Economists call the idea that we must maximise our time off the intensification of the value of our leisure time.
from The way we view free time is making us less happy by bbc
Keely Adler added