Yes, in my response I am trying to be as explicit as possible in saying that I think these inefficiencies are a net good. However, they are still inefficiencies

Yes, in my response I am trying to be as explicit as possible in saying that I think these inefficiencies are a net good. However, they are still inefficiencies. There will almost always be somebody willing to work for less, and things like union protection keep that from happening. The result is a net positive for the workers. However, that doesn't stop the process from being economically inefficient.