| ▲ | ahepp 3 hours ago | |
I don't think it makes a lot of sense to put those responsibilities on individual firms. In the USA, achieving maximum employment has been a mandate for the Federal Reserve to achieve through monetary policy. There are many advantages to allowing individual firms to optimize for productivity. There are also a lot of harms caused by forcing firms to adopt unproductive methods. Even Keynes' joking solution for unemployment was that the treasury might bury bottles of money for private industry to dig up. | ||