PentaSophia on Nostr: Important distinction: “Being productive and wealthy doesn’t get you good pay in ...
Important distinction:
“Being productive and wealthy doesn’t get you good pay in labor markets, being paid more is what makes you productive and wealthy.”
Causality matters beyond mere correlation.
“Being productive and wealthy doesn’t get you good pay in labor markets, being paid more is what makes you productive and wealthy.”
Causality matters beyond mere correlation.
quoting note1r4c…lvdpPeak Keynesianism:
Being productive and wealthy doesn’t get you good pay in labor markets, being paid more is what makes you productive and wealthy.
Thus, just print money or force companies to pay more and problem solved!
(Please ignore competition, immigration, automation, basic economics, the enormous group leaving the workforce, the increasing poverty, the crime, the fact that all your businesses already left, and that your city is literally the fucking third world… continue without thought) note16ar…snen