Why You Should Never Use a Supply and Demand Diagram for Labor Markets (nakedcapitalism.com) 4 points by rhizome 9y ago ↗ HN
[–] qubex 9y ago ↗ Economist here. I concur. Much woe is caused by applying supply and demand reasoning to situations where other constraints are prevalent. [–] rhizome 9y ago ↗ It's always trotted out in threads involving "why CxOs are paid so much" -slash- golden parachutes. I'd love to see something like this connected to a specific issue like that.IANAE, natch.
[–] rhizome 9y ago ↗ It's always trotted out in threads involving "why CxOs are paid so much" -slash- golden parachutes. I'd love to see something like this connected to a specific issue like that.IANAE, natch.
2 comments
[ 3.9 ms ] story [ 13.6 ms ] threadIANAE, natch.