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If the problem is indeed that truckers are refusing certain economically important trips because they would be uneconomical to them (and I have no idea whether
by microtherion 6y ago
If the problem is indeed that truckers are refusing certain economically important trips because they would be uneconomical to them (and I have no idea whether that is true), it seems to me that this is an entirely legitimate question:
* There is demand for the trip to happen.
* The truck exists
* The driver exists
* It is legal for the trip to happen
* So why isn't there a market clearing wage at which the trip happens?
- dnpp123 6y agoThere is no demand for the trip to happen at that price. Hence this will produce high inflation on imported goods, especially on basic necessities. Hence this will make the average British poor citizen.. poorer.
- ForHackernews 6y agoWage rates are sticky. Many employers are used to paying very cheap labour costs. You see this in agriculture too, where owners will sometimes let crops rot in the fields rather than risk setting a precedent for higher wages for pickers.
- microtherion 6y agoOne would think that with the proliferation of gig economy arrangements, employers would get used to the concept of "surge pricing". Sadly not, it seems.