|
Will Wilkinson 🏳️🌈@wlknsn.xyz |
The matching logic here has always been intuitive to me, which is why it seems pretty clear that the actual system has very little interest in the efficiency of labor markets. Seems more about the distribution of bargaining power between workers and employers.
1 replies 2 reposts 15 likes
|
|
Will Wilkinson 🏳️🌈
@wlknsn.xyz
[ View ] |
No-fault safety net exit option for workers is horrible for exploitative bosses. As a rule, it seems that if the choice is between a bigger share of a smaller surplus, based on stronger bargaining position, and a smaller share of bigger surplus with more equal conditions, firms prefer former.
1 replies 1 reposts 10 likes