2 ms·
> According to the laws of the free market, though, none of that is supposed to matter. All that is supposed to matter is how many people are capable of doing y
by nilkn 13y ago
> According to the laws of the free market, though, none of that is supposed to matter. All that is supposed to matter is how many people are capable of doing your job.
While by no means do I disagree with the article as a whole, this seems obviously false. Why would you not expect a higher wage for a more dangerous job, even if otherwise it doesn't have a higher skill or knowledge barrier to entry? I know I'd certainly want to make more money shoveling taconite into a blast furnace compared to taking fast-food orders. Given two such jobs at the same wage, I'd take the second one.
- mattmcknight 13y agothe author should have said "capable and willing", not just capable. I did disagree with the article as a whole though- it was union wages and government enforced monopolies on union labor supply that pushed many jobs to countries with lower costs. What this purely nationalistic view fails to account for is how much wages worldwide have risen over the past 50 years. http://www.aei-ideas.org/2013/12/chart-of-the-greatest-and-most-remarkable-achievement-in-human-history-and-one-you-probably-never-heard-about http://www.aei-ideas.org/2013/12/chart-of-the-greatest-and-m...