Whenever you see a story like this, you may be nearly certain that regulatory supply restrictions were at work. It's not just that Soviet Russia has long lines, but that *only* government overreach produces lines like this.https://twitter.com/hwitteman/status/941811086768123905 …
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It's not price, it's status. It's a skilled job occupying a social and pay niche usually dominated with unskilled workers. So you can either raise job status so people want to do it, raise prices so far nannies wages rise, raising demand further, or let unskilled people do it.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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