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Yes, companies have an information advantage in labor economics. People need to stop treating it like an Econ 101 equation.
by take_a_breath 6y ago
Yes, companies have an information advantage in labor economics. People need to stop treating it like an Econ 101 equation.
- waheoo 6y agoBut it is. Just because people are conditioned to avoid sharing information doesnt mean they cant break that norm and gain the advantage. Unions are exactly that.
- take_a_breath 6y agoThis is like saying python is the same as COBOL because they are both computer languages. Unions are not something studied in Economics 101 as labor economics is its own field of study and typically isn’t covered until 300 or 400 level courses.