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I wouldn't say that that's a flaw in capitalism, it's just that one (skill rarity) is observable ex-ante, the other (value added) is only observable ex-post.
by chrisjharris 6y ago
I wouldn't say that that's a flaw in capitalism, it's just that one (skill rarity) is observable ex-ante, the other (value added) is only observable ex-post.
- thewarrior 6y agoIf people stayed longer in jobs then they could be held accountable long enough into the future.