A reduction in people in the economy is good for some subsegments but for the economy as a whole, no
Think about the networks effects of an economy. An economy of one person has a size of zero units. An economy of two people has a size of one unit, an economy of n people has a max size of n^2 units, or more really nlogn, when you take into account the Gaussian distribution of value between each node of the network.
Think about the networks effects of an economy. An economy of one person has a size of zero units. An economy of two people has a size of one unit, an economy of n people has a max size of n^2 units, or more really nlogn, when you take into account the Gaussian distribution of value between each node of the network.