you’ll laugh, you’ll cry, it’ll change your life

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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s