Labor markets are not always free

Discussion in 'Politics, Religion, Social Issues' started by jnpy!$4g3cwk, Nov 20, 2012.

  1. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

    Joined:
    Feb 11, 2010
    #1
    A reminder that labor markets are not always free. It may seem obvious to old-timers, but, younger Libertarians are sometimes blissfully unaware of this.



    http://www.mercurynews.com/business/ci_22012192/feds-sue-ebay-secret-anti-poaching-deal-intuit
     
  2. iJohnHenry macrumors P6

    iJohnHenry

    Joined:
    Mar 22, 2008
    Location:
    On tenterhooks
    #2
    Bastards.

    So, we now know who two members of the Illuminati are.

    It's a start.
     
  3. thekev macrumors 604

    thekev

    Joined:
    Aug 5, 2010
    #3
    Apple, Google and some others were sued for the same thing a while back. Non-compete hiring clauses are prohibited in California, so they attempt collusion instead.
     
  4. quasinormal macrumors 6502a

    Joined:
    Oct 26, 2007
    Location:
    Sydney, Australia.
    #4
    Somewhat off topic, but within the broad outline of the title;

    In Australia and I assume other western nations, full employment is considered to be around 5%. Any less than than, it is considered that overall wages will rise, so the central bank increases interest rates to deter employment. The unemployed are then sacrificed as an inflationary buffer, yet at the same time a political scapegoat to satisfy the bloodlust of the ignorant and easily manipulated.

    It is hypocritical and amoral. I say if you are unemployed, screw the moral BS and just make the most of the free time in a fashion that benefits yourself and others, rather than the BS hoop jumping Any monetary benefit you receive is minuscule to the greater economic good you and other unfortunates are doing.

    http://en.wikipedia.org/wiki/NAIRU
     

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