tech doesn’t steal jobs long-term—it just moves human effort to new areas where we can still add value. plus, it makes stuff cheaper and more abundant for everyone.
excerpt by Mises from The Principles of Economics by @npub1gdu7...6nak
Excerpt from The Principles of Economics by @npub1gdu7...6nak
the economic cost of capital manifests by delayed gratification, destruction, depreciation and risk