THE MYTH OF FULL EMPLOYMENT
There may be times when a healthy economy would encounter the position of “full employment” but they will be brief. I might be on a deserted island and represent full employment trying to collect enough coconuts not to die every waking hour. I might be one of a couple dozen on an island where coconuts fall all the time so only one or two people must collect coconuts to survive. The rest of us laze about unemployed. The point is, full employment is more likely a sign of poverty than wealth.