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>"Companies that pay workers what they're worth is rare as fuck." How do you determine 'what they're worth' in the abstract? Wouldn't the best guess as to any
by nickff 5y ago
>"Companies that pay workers what they're worth is rare as fuck."
How do you determine 'what they're worth' in the abstract? Wouldn't the best guess as to any service's 'worth' be the price currently being paid for it?
- aravindet 5y agoYes, and that guess would be a lot more accurate* if all market participants had access to full information.
- nickff 5y agoNobody on either side of a transaction ever has access to full information. Each side has some information the other doesn’t, and markets usually work pretty well despite that fact.