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Old 10-26-2008, 02:06 PM   #51 (permalink)
filtherton
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Location: In the land of ice and snow.
Quote:
Originally Posted by aceventura3 View Post
Yes the most job markets are that fluid. There are some job markets that are not. for example prevailing labor rates using union labor are negotiated and are often fixed, switching employers in the same market won't make a difference in wages. Using education to switch industries may lead to a person receiving pay based on their individual value rather than a "group" value.
What's your favorite index for job market fluidity? Do you have one, or are you just pulling this out of your ass? You're aren't doing much to dispel the notion that amateur economics is nothing more than the practice of misapplying anecdotal evidence.

Quote:
What was the point of the comment about me trying to get jobs? You don't know anything about my experiences, what I have come from and how I did it.
Are you accusing me of being presumptuous? Because that would be an odd thing to be concerned about, given how casually you seem to presume that the fluidity of the job markets makes wage discrimination a nonissue.

Quote:
Given the above, how would you apply it to the real world. I believe the more information or knowledge you have the better off you will be even if it does not reach the level of knowing everything.
Well, I wouldn't apply it to the real world. For me personally, an Idea Which Explains Things Satisfactorily is not predicated on invisible appendages. I'm not religious for the same reason.

Clearly, the market is a complex thing that can only be explained in generalities. That being the case, it is foolish to act as though one particular perspective is always useful or accurate. More information only useful if it is applied with wisdom, and I don't think there is much wisdom evident in presuming that any of the typical popular economic theories du jour are anything but approximate.
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