>Google can't hire a decent software engineer for, say, $30000/year, because other companies will immediately offer more, and supply of talented software engine

>Google can't hire a decent software engineer for, say, $30000/year, because other companies will immediately offer more, and supply of talented software engineers is quite limited, even globally. Did you somehow miss the massive wage fixing lawsuit google just recently lost? Your hypothetical wouldn't happen because google has deals with its competitors to artificially deflate wages. I think you mightve picked the absolute worst example to defend your point