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Old 12-21-2006, 12:32 AM
Borodog Borodog is offline
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Join Date: Jan 2004
Location: Performing miracles.
Posts: 11,182
Default Re: Tools, progress, work

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Capital goods obviously allow you to work less doing the same thing you did previously without them, or else why would you invest in them?

The thing to understand is that capital goods free up and labor for additional production. Whether or not you use that freed up time and energy to produce new things, or consume it as liesure is an individual decision.

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Okay, I think this is where I was heading, but didn't know how to say it. So even if we have supermindbogglingheadexploding efficient tools that do so much for us, do you think we would still be doing a lot of work?

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Wants are endless. So, yes.
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