alt Hacker NewsLabor "shortage"? In a free market, wouldn't the price of labor, i.e. wages, rise to meet demand?
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simianwords • today at 5:30 PM
It’s not going to be instant. Just like we have housing shortages or unemployment.
Labor "shortage"? In a free market, wouldn't the price of labor, i.e. wages, rise to meet demand?
It’s not going to be instant. Just like we have housing shortages or unemployment.
Yeah, a shortage implies that the price of labor rises a lot
Not unimaginable, given that the bottlenecks seem to be concentrating on high-level direction, relational work, and expert verification