Sound reasoning if you ignore the extremely high land prices that low wage immigrants would face => significant levels of poverty
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Only way to reconcile single markets in tech & labour is by shifting tax burden from labour (& other productive activities) to land. (
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Could connect this thread to MTurk and Uber’s regulatory gray area to show how jobs keeping a seat warm for robotics skirt this scarcity
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The article has me thinking. Also, loved this commentpic.twitter.com/wsP4CnCaJG
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I think you'd find this really interesting,
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The supply of great entrepreneurs is also artificially scarce for similar (but not identical) reasons. Why I love
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In Uganda and Tanzania, they are probably trying to avoid other deficiencies related to labor ie. fraudulent parking responsible skills of
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a visa police being more needed in a less ephemeral task an so on, not the wages. This brakes the virtuous circle of public education/job
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