4 ms·
the set of econ students who want to work at Goldman is not the supply: the set of econ students that Goldman thinks will make them money is the supply, and I b
by jacalata 13y ago
the set of econ students who want to work at Goldman is not the supply: the set of econ students that Goldman thinks will make them money is the supply, and I bet very few of them are unemployed.
similar: set of waiters who want to be actors is huge, set of known actors that a studio can say 'his face on the poster will bring in an extra 50 million cinema tickets' is miniscule. That's why all the waiters are acting for free in film student projects and Tom Cruise is a millionaire.
- Malarkey73 13y agoNo. I don't believe a word of that. And your analogy undermines your own argument. If you had said Michael Jordan or Lionel Messi ... but Tom Cruise? Really? Tom Cruise is a perfectly good Tom Cruise (a good actor) but a million other waiters could have been him. There maybe Messi like geniuses in politics, banking, business but the idea that bankers are all paid Millions because "they are worth it" is to me ... laughable. They are paid millions because they can get away with it.