What this guy fundamentally fails to understand is that countries go from low gdp to high gdp not by producing more exports but rather by getting domestic consumption up. Time off is required for domestic consumption to happen. Henry Ford didn’t give his workers time off for their benefit, he did it so they would buy cars.
What this guy fundamentally fails to understand is that countries go from low gdp to high gdp not by producing more exports but rather by getting domestic consumption up. Time off is required for domestic consumption to happen. Henry Ford didn’t give his workers time off for their benefit, he did it so they would buy cars.