3 ms·
It's because it's not actually about supply and demand; it's actually about information asymmetry. The article is specifically arguing that non-FAANG employees
by barrkel 7y ago
It's because it's not actually about supply and demand; it's actually about information asymmetry. The article is specifically arguing that non-FAANG employees are getting higher wages not because of competition from (e.g.) Google, but because employers don't know whether or not they're competing with Google and have to pay extra just in case.