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One thing I don't fully understand is why the equilibrium for the demand/supply of labor is not enough to live on. Why does the hiring party get to be more picky (and thus pay less) among potential employees, while employees get to be much less picky in their job? Some theories:

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Alastair Cunningham

@AlastairCunning

Replying to

Haha. Amateur/libertarian economic theorising does make me laugh. It's almost as if thousands of academic papers about sticky wages and asymmetric knowledge/power dynamics in imperfect markets had never been written...

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@AlastairCunning

blocking not for the point, but the way in which it was delivered

11:12 PM · Feb 3, 2019