Recipes and Production

[magus341]

There are two categories of things required for economic production:

1. Natural Resources
2. Human Effort

Both categories are broad and varied, but highlighting them simplifies thought on a few key issues. Capital is not a substitute for human effort, it is a type of effort. Instead of producing goods directly at high effort per good produced,

Comments

[psyllogism]

Have you read The Diamond Age by Neal Stephenson? He touches on a society built around such a technology. Very interesting :-)

[magus341]

No, I haven't, but I do like Stephenson. I'll check it out.