alt Hacker NewsWell, the guy who invented the horseshoe died thousands of years ago.
And the idea that one location making all the horseshoes means each village is minus one living is ignoring the other effects.
Now, all the villagers can get cheaper horseshoes, so they don’t have to spend as many resources on shoes for their horses, and can now invest more into what their village is best at, and sell those goods to other villages.
Basic Ricardian Economics: https://en.wikipedia.org/wiki/Ricardian_economics
Of course, that doesn’t mean the blacksmith isn’t out of a job, but I always hate that so many people think the solution to that problem is to just give up the economic benefits of specialization instead of working to improve the distribution of the gains.
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I've come to view the goal of things being cheap as an anti goal. The biggest contribution to us speed running killing our ecosystems. Maybe all of us going without more often would end up with a significantly higher standard of living in the long term.
>Now, all the villagers can get cheaper horseshoes, so they don’t have to spend as many resources on shoes for their horses, and can now invest more into what their village is best at, and sell those goods to other villages.
And for a village that had 50 such specialties... they can make do with 49 specialties. Then with 48. And 45 as well. 25 eventually. But some day in the future, their great-grandchildren wake up, and there are no jobs. That Korean factory even ships in tractors, so there's no farm labor work to be had for the 200 who didn't have a specialty. But the food still costs money. And it doesn't matter if the village is gone because those people moved to the city, there's not much work there either. And maybe there are even fewer people to worry about this, because when the moved to the city, those people stopped having children.
Who is this good for? Is it good for you?
>And the idea that one location making all the horseshoes means each village is minus one living is ignoring the other effects.
Ignoring all the possitive other effects as well.