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This assumes that moving to another career (because that's really what you're talking about here) is a frictionless process with no transaction costs. This is
by grammaton 16y ago
This assumes that moving to another career (because that's really what you're talking about here) is a frictionless process with no transaction costs. This is demonstratably not the case.
- tomjen3 16y agoNo, that would help the process but the process doesn't have to be frictionless nor without transaction costs. It just takes a little longer to transition, but you should still be able to see the process in motion.