3 ms·
I, too, might have been unclear. You were citing a description of a highly, highly regulated labor market as an example of what might come to pass were that mar
by gametheoretic 13y ago
I, too, might have been unclear. You were citing a description of a highly, highly regulated labor market as an example of what might come to pass were that market deregulated.
>If you have any examples of de-regulation of a labour market
Because that ever happens. C'mon.
> buyers market (employers purchasing wage labour)
That's not what 'buyer's market' means.
- e12e 13y ago>> buyers market (employers purchasing wage labour) > > That's not what 'buyer's market' means. That parentheses explain what I mean by market (the labour market) -- was that unclear? The rest of that sentence tried to highlight what "A situation in which supply exceeds demand, giving purchasers an advantage over sellers in negotiations" generally means in the labour market. If one side might loose a few days of productivity by holding out for a better deal, and the other side will loose their home and starve -- that's a pretty uneven balance of power.