The demand for commodities is not the demand for labor

The demand for commodities is not the demand for labor

John Stuart Mill, a prominent 19th-century economist and philosopher, made significant contributions to the understanding of economic principles and the relationship between supply and demand. One of his key insights was the distinction between the demand for commodities and the demand for labor. This concept remains relevant today in the field of economics and sheds light on the complexities of the labor market.