Thursday, December 11, 2008

Cargo Cult Economics by David Calderwood

David Calderwood writes, "When I go to the store to buy something with money, the only reason I have money to spend is because someone paid me to produce what it is I do at work. My job lasts only so long as I produce in value for my employer more than I cost to employ, and my job’s security exists only so long as my employer’s production is profitable."

Cargo Cult Economics by David Calderwood

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