“I can do things you cannot, you can do things I cannot; together we can do great things.” – Mother Teresa
Imagine 100 people on a wholly deserted, seemingly inaccessible island. Life would be pretty bleak. With only 100 people working, life’s barest necessities would be all that the inhabitants could hope for.
So what if a listing, soon-to-sink ship carrying another 100 people were to accidently bump into this island, only for the passengers to depart the ship. Would the 100 original inhabitants lose their jobs? Obviously not. The arrival of two hundred more “hands” would mean that every island inhabitant would get to specialize his work a little or a lot more. The new “immigrants” would not unreasonably enable exponentially greater economic growth on the island.
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