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How can economy grow by shrinking?

I was riding in a van near York, Pa. last week when one of the passengers pointed with pride to a giant new facility owned by a major grocery chain and announced, "That's going to be their regional distribution center. It will be fully-automated, requiring only about 10 people to keep it running day and night. It will replace a distribution center that requires more than 100 workers."

June 21, 2012

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