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Why You Should Never Use a Supply and Demand Diagram for Labor Markets
- qubex 9y agoEconomist here. I concur. Much woe is caused by applying supply and demand reasoning to situations where other constraints are prevalent.
- rhizome 9y agoIt'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.