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Hardcover Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money Book

ISBN: 1633880400

ISBN13: 9781633880405

Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money

How can we reduce unemployment? As this insightful and counterintuitive book shows, the surprising answer is inefficiency. Some of the most labor-intensive sectors of the economy, the author notes, are also the most inefficient. But this inefficiency is functional-rather than impairing the economy, it bolsters employment and fosters economic growth.Technological progress increases efficiency and reduces the need for workers in manufacturing, mining,...

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Format: Hardcover

Condition: Good*

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