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Is Wasting Time And Money Good For The Economy?

Prometheus Books

Businesses strive to be more efficient.  Often, that comes at the expense of jobs.  But Peter Wenz sees a way all can benefit. 

In his book Functional Inefficiency, he examines how some of the most labor-intensive sectors also are inefficient.  But they employ people and, in turn, help the overall economy.

We talked more with the author, who is also a Professor Emeritus at the University of Illinois Springfield.