News for hackers. Stuff that matters.
Re:The global fertility rate is falling by ryandrake on Wednesday July 15, 2020 @03:59PM (#23850844)
> There are already endless reports of there being insufficient workers for agricultural jobs, nursing, teachers, etc. Wages haven't risen to meet the demand. They've remained stagnant or dropped in the long term. Meanwhile, those at the top are richer than ever.

Insufficient/shrinking supply of a good, but prices going down instead of up? What economics are in play here?

Re:The global fertility rate is falling by banannaise on Thursday July 16, 2020 @05:14PM (#23863890)
Inelastic demand and cartel behavior. People require jobs to survive; survival is an inelastic good; businesses know this; they work together to suppress wages to as close to subsistence level as possible.