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Job markets are not as efficient as real markets where you buy and sell things because jobs are not liquid. If I find a job paying $50/hour and someone else is
by ggrot 18y ago
Job markets are not as efficient as real markets where you buy and sell things because jobs are not liquid. If I find a job paying $50/hour and someone else is working doing the same job earning $30/hour, I can't exactly make any profit arbitraging the market to efficiency.
For a pretty small investment in time and money, most grocery store cashiers could learn to become plumbers. Plumbing routinely pays 4x a grocery store cashier, but it is harder/nastier work and often deals with fecal matter.
- webwright 18y agoYaw, I was responding to his idea of a niche startup-- not getting a job. Certainly there are plenty of ways to get a job and save money.
- kingnothing 18y agoWhy can't you arbitrage people? That's effectively what consulting firms do.
- paulgb 18y agoRecruiters also.
- sutro 18y agoit is harder/nastier work and often deals with fecal matter Sounds like programming.