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