Difference between revisions of "Job (economics)"

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(a real job: activity that transforms resources from a less-valued form to a more-valued form)
 
(it is not the aim of an economy to simply provide jobs, but to create jobs that maximize labor productivity)
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"... a job is not merely exertion in return for a [[pay check]]. It’s much more: activity that transforms [[resources]] from a less-valued form to a more-valued form in the eyes of [[consumer]]s." [http://www.thefreemanonline.org/columns/tgif/progressive-intolerance/]
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*"... a job is not merely exertion in return for a [[pay check]]. It’s much more: activity that transforms [[resources]] from a less-valued form to a more-valued form in the eyes of [[consumer]]s." [http://www.thefreemanonline.org/columns/tgif/progressive-intolerance/]
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*"it is not the aim of an [[economy]] to simply provide jobs, but to create jobs that maximize [[labor productivity]]. [http://www.thefreemanonline.org/book-reviews/how-an-economy-grows-and-why-it-crashes/]

Revision as of 18:15, August 20, 2011

  • "... a job is not merely exertion in return for a pay check. It’s much more: activity that transforms resources from a less-valued form to a more-valued form in the eyes of consumers." [1]
  • "it is not the aim of an economy to simply provide jobs, but to create jobs that maximize labor productivity. [2]