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0 pointss73v3r_8y ago0 comments

Saying "The market sets pricing" is admitting that it's arbitrary.

"If we fully deregulated education I bet you’d see teacher’s salaries rise."

I don't, not by a long shot.

"it’s disingenuous to suggest demand and its impact on price is “arbitrary”."

But that's not what I'm suggesting. Demand for teachers is pretty high. Pay has not risen to meet that demand, however. Demand for software engineers is also high, but only in some places has that demand correlated with a rise in salary.

It is completely arbitrary.

0 comments

malvosenior8y ago

Supply and demand defining price is economics 101. If you’re going to propose an alternative reality, you’re going to have to provide some data to back it up.

s73v3r_OP8y ago

And Econ 101 is extremely simplified, due to being an entry level course. Go beyond the freshman level, and you'll find far more nuanced forces at play.

malvosenior8y ago

Nuanced != arbitrary

j / k navigate · click thread line to collapse

0 pointss73v3r_8y ago0 comments

Saying "The market sets pricing" is admitting that it's arbitrary.

"If we fully deregulated education I bet you’d see teacher’s salaries rise."

I don't, not by a long shot.

"it’s disingenuous to suggest demand and its impact on price is “arbitrary”."

It is completely arbitrary.

0 comments

malvosenior8y ago

Supply and demand defining price is economics 101. If you’re going to propose an alternative reality, you’re going to have to provide some data to back it up.

s73v3r_OP8y ago

And Econ 101 is extremely simplified, due to being an entry level course. Go beyond the freshman level, and you'll find far more nuanced forces at play.

malvosenior8y ago

Nuanced != arbitrary

j / k navigate · click thread line to collapse