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So it's a really good lesson in supply and demand, and how some parts of the economy relate to others, and how some things are externalized. Two people with th
by jariel 6y ago
So it's a really good lesson in supply and demand, and how some parts of the economy relate to others, and how some things are externalized.
Two people with the exact same market value to a company will get paid differently because their 'supply' curve is simply different.
The 'non market' issue here is the personal choices that people make about where they live (family, history, aesthetics) and other dynamics that drive wages in any particular region.
Also, it may very well be in the calculation that someone in Colorado is actually worth less than someone at the HQ every day in the SV.
It's a little bit of a complicated and interesting dynamic.