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Why does everything have to be labelled a "market"? Is it really helpful to talk about an exchange of "goods" to explain the poor treatment of PhD students in
by SiempreViernes 9y ago
Why does everything have to be labelled a "market"?
Is it really helpful to talk about an exchange of "goods" to explain the poor treatment of PhD students in academia?
- deleted 9y ago[deleted]
- VHRanger 9y agoIt's not goods, it's a labor market. And when supply is out of whack with demand, your bargaining power goes through the floor -- which leads to situations like this.
- 131012 9y agoWhat is really nasty is the fact that there is a huge demand for phd students as they drive research forward. So they deduce there will be demand once they graduate, which is not the case.
- haihaibye 9y agoElastic demand for labor - people want more when it's cheap, as much as they can get when it's free (or the government pays you for each student)