|||“In this tour de force, Peter S. Wenz upends the cherished assumption of policymakers that promoting economic efficiency is always the best policy. What’s good for economic efficiency, though, is not always good for people—as Wenz shows
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, min...
[PDF.oo00] Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money Rating: 3.93 (456 Votes)
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You easily download any file type for your device.Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money | Peter S. Wenz.Not only was the story interesting, engaging and relatable, it also teaches lessons.