Re: Good Work
"One of my heroes was E F Schumacher, the economist (Small is Beautiful etc). So right on say many things. In one of his books, called 'Good Work', he suggests that the capital cost of creating a new job shouldn't be more than one year's salary for that job."
The problem with the Schumacher approach is that you can't build a modern society using it. How much does a press tool cost? How much does a plant to turn out a new pharmaceutical cost? The last capital project I was involved in was small, cost around £250k and created 4 jobs. But it paid for itself in a year.