Comment by morkalork
That example doesn't hold up once you expand your view to other countries. Where are all these jobs that magically materialize in labour surplus economies like Brazil or Bangladesh?
That example doesn't hold up once you expand your view to other countries. Where are all these jobs that magically materialize in labour surplus economies like Brazil or Bangladesh?
Yes, i do feel that many people woho talk about jevon's paradox element of employment have not spent much time in developing economies. You can have a lot of people doing absolutely nothing, economically, day to day and still have a functioning state