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A comment on Companies struggling to fill jobs 'should try paying more,' Fed's Kashkari says. Parent comment

Re:Companies struggling to fill jobs 'should try paying more... by Symmetry on Thursday November 15, 2018 @11:30AM (#18460589)
There are time, as in emergencies, where the purchaser doesn't have the ability to shop around. But in general free markets work fine for food despite the fact that without food you'll also die. The problem is more that it's hard for the consumer to know the quality of what they're purchasing.
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Re:Companies struggling to fill jobs 'should try paying more... by fwip on Thursday November 15, 2018 @12:50PM (#18461472)
The consumer often doesn't know the cost, either.

It's like a restaurant that doesn't tell you the prices until after you've eaten, except it's the only way to get food.

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Re:Companies struggling to fill jobs 'should try paying more... by Symmetry on Thursday November 15, 2018 @12:58PM (#18461550)
In countries where the consumer pays for their treatment they generally do get the prices up front, as in a restaurant. That's also how things used to work in the rest of the world before the rise of health insurance and national health services.
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