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Wednesday, October 23, 2024

Show Me Unemployment and Inflation



One more time for people who didn't major in economics. Supply and Demand is closer to being a law in the thermodynamics sense than a law in "State bird of ____" sense. And the real minimum wage is $0.00 per hour because you've made the net present value of automating your position less than employing you.





3 comments:

  1. As a customer i like the automate kiosks for ordering my fast food the number of mistakes is significantly less

    Exile1981

    ReplyDelete
    Replies
    1. I will say at the grocery store the silver lining is you're less likely to have your drain cleaner place on top of your loaf of bread. ;)

      Delete
  2. Personally, the old fashioned cash register was 10 times faster than ANY other machine ever invented.

    ReplyDelete