Check out chapter 7 of Henry Hazlitt's "Economics In One Lesson."
This scenario would lead to a massive increase in productivity, a significant drop in the prices of goods and services, and a consumer paradise for a minimal cost per day.
Check out chapter 7 of Henry Hazlitt's "Economics In One Lesson."
This scenario would lead to a massive increase in productivity, a significant drop in the prices of goods and services, and a consumer paradise for a minimal cost per day.
Hazlitt's insights in Chapter 7 are spot on. Productivity gains often get overlooked, but they’re the backbone of lower prices and better living standards. It’s a reminder of how innovation drives a consumer-friendly economy