Comment Re:production vs consumption (Score 2) 109
I feel like I'm missing something here. Production should be in equilibrium with consumption, but they are measured by monetary value not time. Your (Rp) is a function of skill and organisation with hours applied. The time part is the easiest to change, or rather production is most quickly improved by increasing time.
But (Rc) is very easily increased and almost independent of time. I don't need 8 hours to consume 8 hours worth of production. It takes less time to buy a new $60,000 Tesla online than buy a $5,000 second-hand Toyota. I can even consume half a lifetime of production in a couple of days by buying a house.