@nimbusgo @mentalguy @susie_c Wages don't work like that (contra conservative assumptions): http://krugman.blogs.nytimes.com/2012/07/22/sticky-wages-and-the-macro-story …
-
-
Replying to @wycats
@wycats@mentalguy@susie_c well uber drivers don't have wages. They have fares. If they were employees maybe it would be different.1 reply 0 retweets 0 likes -
Replying to @nimbusgo
@nimbusgo@mentalguy@susie_c Hm. It's possible that wage stickiness doesn't apply to independent contractors!1 reply 0 retweets 0 likes -
Replying to @wycats
@wycats@mentalguy@susie_c isn't that the whole idea? They don't get paid as much if they don't drive as many people.1 reply 0 retweets 1 like -
Replying to @nimbusgo
@nimbusgo@mentalguy@susie_c Wage stickiness is just the empirical observation that prices stay higher despite supply/demand expectations1 reply 0 retweets 0 likes
@nimbusgo I was questioning whether that leads directly to drivers, in fact, hating each other, but Twitter bandwidth is low.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.