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Old 02-09-2017, 06:03 PM   #11
sebastian_dangerfield
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Re: I used to be disgusted, and now I try to be amused.

Quote:
Originally Posted by Adder View Post
Yeah, and I think it has a lot to do with the cost of capital and the general undesirability of tying up money in sunk fixed costs rather than having the relative flexibility of labor, among other things.

But we're also both apparently thinking of different scale businesses. I'm thinking of middle to small businesses, where I think the bulk of jobs are (haven't checked the data on that one), and it sounds like you're thinking of larger businesses.
That first point might be labor's most attractive feature right now.

Yes, I was thinking larger.
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