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schlumpf
searching PlanetScale…
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31.
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by
schlumpf
12y ago
To somebody who watched the equity bubble unfold in '99-00, this is what a labor shortage looks like.
32.
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by
schlumpf
12y ago
The "issue" in question is the marginal productivity of imported ICT labor. Your generalization about nominal wage effects holds only where an economy faces constant (or diminishing) returns to scale from immigration [1]. This ess