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How to See Gain, Where Others See Loss

Build For Tomorrow

NOTE

The Lump of Labor Fallacy

The musicians of the turn of the century saw that as loss. They imagined being replaced by the machines. Economists actually have a term for what the musicians were thinking, at least as it relates to big economic questions. The lump of labor fallacy is the notion that there's a kind of a finite amount of work to do.

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