[extropy-chat] Jack's right, he's not ready for reality

[Technotranscendence]

On Sunday, November 20, 2005 7:48 PM Eliezer S. Yudkowsky
sentience at pobox.com wrote:
>> Why are unions for all kinds of mandatory, government
>> enforced work rules? Because they also are altruists
>> or because they want to reduce the number of positions
>> available in any field to keep wages above a market
>> level?
>
> That doesn't make any sense to me.  To keep wages
> above market level, you keep the number of positions
> artificially high and the number of candidate workers
> artificially low.

My mistake.  Keep the supply artificically low while demand remains the
same.

Regards,

Dan