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Honest question: can you point to any example in history where this has happened? I ask because, if your theory of how labor markets work is valid, it would se
by liber8 14y ago
Honest question: can you point to any example in history where this has happened?
I ask because, if your theory of how labor markets work is valid, it would seem that every professional sports team on the planet would be willing to reward you handsomely if you could demonstrate how this works in practice.
- eli_gottlieb 14y agoHonest question: can you point to any example in history where this has happened? All periods of labor glut when it has been legal. In order for competition to force wages up (above zero, at least), there must on some level be more jobs than workers.
- liber8 14y ago1. You didn't answer the question. Can you point to any example in history of this EVER happening? I'll take any example. 2. This is patently false. Even if there were 0 jobs, wages would not be zero. People simply won't work without some incentive. If I want you to go out and dig a hole in the ground, I either need to reward you for doing so, or find a way to convince you that you want to dig that hole of your own free will.