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by ephbit 1103 days ago
> The solution is more competitors, which requires fiscal policy to move people from producing for consumption to producing for investment.

This generally sounds reasonable.

It implies, that there are some (unnecessary) bottlenecks somewhere in the production chain of highly requested goods that can be alleviated by shifting workforce and capital from somewhere else, where there's overproduction or superfluous capacity to where the bottlenecks are. The allocation of resources isn't optimal. Right?

So which are these obvious misallocations of resources/workforce that ought to be corrected by suitable fiscal policy in your opinion?