To: SedVictaCatoni
Bob's better at both, so should we just have Bob spend half his time on each, and tell Ted to take a hike? Nobody is going to pay Bob's rate to stuff envelopes (or, Bob will not work at the pay that stuffing envelopes will pay).
12 posted on
03/19/2004 9:26:13 PM PST by
cinFLA
To: cinFLA
"Law" of comparative advantage? None of the experts cited in the article are true economists. This so-called "law" is based on empirical, deductive reasoning. It's one big nothing.
To: cinFLA
Nobody is going to pay Bob's rate to stuff envelopes (or, Bob will not work at the pay that stuffing envelopes will pay). The law of supply and demand applies to labor as well as goods and services. The only way to repeal it is with government intervention and we all know how well that works out.
19 posted on
03/19/2004 11:03:06 PM PST by
Texasforever
(I am all flamed out.)
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