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What's the strawman, exactly? You say, > Further, the existence of discrimination does suggest Greenspan-Townsend like firms arbing this irrationality will ex
by RodericDay 11y ago
What's the strawman, exactly?
You say,
> Further, the existence of discrimination does suggest Greenspan-Townsend like firms arbing this irrationality will exist.
The article counters statements like,
> Marc Andreesen’s point is that the market is too competitive for discrimination to exist.
With,
> In the long run, that can put pressure on firms that discriminate, but as we’ve seen, that timescale can easily be longer than half a century. As the saying goes, in the long run, we are all dead.
It seems like he's taking on a widely held position, even by yourself. Far from "a strawman".
- yummyfajitas 11y agoThe strawman is that if discrimination did not exist, pay would be equal.