Wages are one of the places where simple supply and demand models perform the worst. For a libertarian look at this empirical question, see here: http://econl

Wages are one of the places where simple supply and demand models perform the worst. For a libertarian look at this empirical question, see here: http://econlog.econlib.org/archives/2013/09/why_dont_wages.html http://econlog.econlib.org/archives/2013/09/why_dont_wages.h... http://econlog.econlib.org/archives/2017/04/how_can_there_b.html http://econlog.econlib.org/archives/2017/04/how_can_there_b....