How Long to Read Functional Inefficiency

How Long Does it Take to Read Functional Inefficiency?

It takes the average reader 6 hours and 25 minutes to read Functional Inefficiency by Peter S. Wenz

Assuming a reading speed of 250 words per minute. Learn more

Description

How can we reduce unemployment? As this insightful and counterintuitive book shows, the surprising answer is inefficiency. Some of the most labor-intensive sectors of the economy, the author notes, are also the most inefficient. But this inefficiency is functional—rather than impairing the economy, it bolsters employment and fosters economic growth. Technological progress increases efficiency and reduces the need for workers in manufacturing, mining, agriculture, and many services. So how do we keep people working? By maintaining inefficiencies in other areas, such as in our systems of transportation and healthcare. The author documents the waste of time and money in hospital systems, the insurance and pharmaceutical industries, automotive travel, and road construction and maintenance. These inefficiencies are tolerated because they provide a lot of jobs and promote economic growth, making them functional inefficiencies. Some of these inefficient systems come with added environmental and health costs, meaning we sacrifice more than simple efficiency for the sake of jobs. Our inefficiencies may be functional, argues Peter Wenz, but they are too often harmful for us as well. The good news is that most of these inefficiencies can be reduced without increasing unemployment or impairing economic growth. Wenz explores different methods of combating unemployment, evaluating each method carefully to determine its basic efficiencies and inefficiencies, as well as its impact on human wellbeing and on the environment. He also assesses whether it is culturally and politically acceptable and actually serves to reduce unemployment. Some inefficiency will remain, he concludes, but its negative impacts can be lessened through increased investment in physical and human infrastructure. Functional Inefficiency offers a wealth of details and a unique analysis of our economic system, plus hope for our future prospects through reduced inefficiency.

How long is Functional Inefficiency?

Functional Inefficiency by Peter S. Wenz is 382 pages long, and a total of 96,264 words.

This makes it 129% the length of the average book. It also has 118% more words than the average book.

How Long Does it Take to Read Functional Inefficiency Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 46 minutes to read Functional Inefficiency aloud.

What Reading Level is Functional Inefficiency?

Functional Inefficiency is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Functional Inefficiency?

Functional Inefficiency by Peter S. Wenz is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Functional Inefficiency by Peter S. Wenz on Amazon click the button below.