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Podcast: PRay TeLL, Dr. Hash
Episode: 54 Jobs
Description: The word βjobβ carries a lot of intangibles: income, security, pride, identity, retirement & healthcare. There is the myth that once Americans worked most of their careers at a single employer, lived comfortably Middle Class, and retired with a gold watch while still admiring their boss. Whether that's true or not, it glamorized work ethic & increased productivity. Work ethic is important on several fronts: as a natural resource, to minimize resentment from those who do work & to economically balance consumption with production.During most of Americaβs history, tariffs, quotas, and some kind of trade balancing was maintained. Howeve...