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The fields are macroeconomics and labor economics. I don't understand your other question, so it's hard to answer. What do you mean by "discovered"? Discovered
by t_mann 4y ago
The fields are macroeconomics and labor economics. I don't understand your other question, so it's hard to answer. What do you mean by "discovered"? Discovered by whom, the employer or the the employee?
But you may be interested in knowing that models of labor markets are often based on matching models - you've got two groups (employers, employees) and everyobdy is trying to find {one,many} members of the other group that are a good match.
- csours 4y ago> The fields are macroeconomics and labor economics As I understand it, those are mainly concerned with reduction in labor costs. Job discovery is a phrase used by Clayton Christensen to describe finding a job to be done. He uses it to describe finding a product to sell to people to perform some function in their lives - a job to be done by a product that you make. I'm using it as an alternative to the idea of "job creation" because I don't think that's real. There is a certain political narrative about job creation and job creators. I tried to find support for it in academia and I could not. I didn't want to put all this in my original question because then I would only get political replies. --- About politics - Yes my question has some political motivation, but I am genuinely interested in the subject. My motivation is not to prove or disprove, but to learn. You don't have to believe that about me, but I do.
- t_mann 4y ago> As I understand it, those are mainly concerned with reduction in labor costs. Where does your understanding derive from? Reducing macroeconomics to "reducing labor costs" is akin to reducing classical mechanics to "computing projectile trajectories". I don't know Christensen but I take it that he's a business school professor and I guess that was the target audience he was speaking to there. You're not wrong that economics is a discipline that is not free from ideological biases, but I guess you're going a bit far in reducing the discipline to that. People still want to answer questions with data, like "what happens to unemployment (and exchange rates, and investment,...) if we raise interest rates?". Labor economics might ask more narrow questions like "what happens if we raise the minimum wage?". That's the sort of questions that economics deals with, not musing over the semantics of creation vs discovery.
- Jensson 4y agoSaying that jobs are "discovered" instead of created is akin to saying that code is discovered instead of created. When you program you create code, there are many ways to structure it so the code will look vastly different, therefore it doesn't make sense to say that the code was discovered, it was definitely created. Jobs are the same, when you create an organization there are countless ways to structure it and you will create different jobs depending on how you do things. Job creators are the people who create organizations, the better they do their job the more these organizations can do with less people so the more wealth there will be to share, so job creation is an extremely important job.
- colinmhayes 4y agoDid Zuckerberg discover all the jobs that Facebook has? I think it’s a bit silly to frame it that way. I’m not going to say he created them either though, but he definitely contributed to the creation of all those jobs. Your understanding of what economics is interested in is also incorrect. I guess business programs are concerned with reduction of labor costs. Economics is concerned with efficiently allocating scarce resources.
- lupire 4y agoChristensen isn't distinguishing creation from discovery, he's just using a buzzy term to describe his version of the same basic idea: increasing demand for labor and goods.
- csours 4y agoThank you. I found this deck which really helped. https://economics.mit.edu/files/7400 https://economics.mit.edu/files/7400 and Open Coursework page https://ocw.mit.edu/courses/14-661-labor-economics-i-fall-2017/ https://ocw.mit.edu/courses/14-661-labor-economics-i-fall-20... A labor matching model is better because it recognizes the need for a worker and a job opening, and for those to find each other.