This is exactly where the vaunted invisible hand is actually meant to come into play. Even if they don’t directly benefit, the increased fulfillment of those that do benefit will drive up demand for those jobs, which will reduce demand for these jobs. And so they will have to compensate for reduced demand by offering more to keep people there.
This is exactly where the vaunted invisible hand is actually meant to come into play. Even if they don’t directly benefit, the increased fulfillment of those that do benefit will drive up demand for those jobs, which will reduce demand for these jobs. And so they will have to compensate for reduced demand by offering more to keep people there.