economics in one lesson phần 2

Các Betriebsfiihrer không có quyền để có lợi nhuận cho chính mình, ông đã nhận được lương, và nếu ông muốn nhận được nhiều hơn ông, ví dụ, nói: "Tôi bị bệnh rất nặng, tôi cần một hoạt động ngay lập tức, và các hoạt động sẽ chi phí 500 nhãn hiệu sau đó ông đã yêu cầu | THE BLESSINGS OF DESTRUCTION sion of demand to these particular products from others. The people of Europe will build more new houses -than otherwise because they .must. But when they build more houses they will have just that much less manpower and productive capacity left over for-everything else. When they buy houses they will have just that much less purchasing power for everything else. Wherever business .is increased in one direction it must except insofar as productive energies may -be generally stimulated sense of want and urgency be correspondingly reduced in another. The war in short will change the post-war direction of effort it will change the balance of industries it will change the structure of industry. And this in time will also have its consequences. There will distribution of demand when accumulated needs for houses and other durable goods have been made up. Then these temporarily favored industries will relatively have to .shrink again to allow other industries filling other needs -to grow. It is important to keep in mind finally that there will not merely be a difference in the pattern of post-war as compared with pre-war demand. Demand will not merely be diverted from one commodity to another. In most countries it will shrink in total amount. This is inevitable when we consider that demand and supply are merely two sides of the same coin. They are the same thing looked at from different creates demand because at bottom it is demand. The supply of the thing they make is all that people have in fact to offer in exchange for the things they want. In this sense the farmers supply of wheat constitutes their demand for automobiles and other goods. The supply of motor cars constitutes the demand of the people in the automobile industry for wheat and other goods. All this 15 ECONOMICS IN ONE LESSON is inherent in the modern division of labor and in an exchange economy. This fundamental fact it is true is obscured for

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