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A comment on EU to mandate public salary information for all job postings [pdf]. Parent comment

Re:EU to mandate public salary information for all job posti... by Levitz on Wednesday February 23, 2022 @09:04AM (#30441023)
While we are at it, the cost of a product should depend on its objective value, not what the market pays.

My point being that sure, ideally it wouldn't be like that, but any implementation I can possibly think of is not viable at all. Jobs are fairly unique things.

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Re:EU to mandate public salary information for all job posti... by gruez on Wednesday February 23, 2022 @09:23AM (#30441245)
> While we are at it, the cost of a product should depend on its objective value, not what the market pays.

"What the market pays" is the objective value.

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Re:EU to mandate public salary information for all job posti... by Gareth321 on Wednesday February 23, 2022 @10:12AM (#30441864)
The job market is a market, and if the job market dictates that the wage is set in part by one's ability to sell themselves to potential employers, then the (job) market is currently setting objective value (wages).

I'm not making a value judgement of your premise. Just pointing out that your argument works as well against you as it does for you.

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Re:EU to mandate public salary information for all job posti... by selfhoster11 on Wednesday February 23, 2022 @01:35PM (#30444575)
From a pedantic economist perspective, yes. From a common sense perspective, if a £40 jacket was sold for £200 to someone, then it's still worth £40 even if this person overpaid for it.
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Re:EU to mandate public salary information for all job posti... by bloqs on Friday March 04, 2022 @11:44AM (#30557102)
Are people with bad information objectively correct? (Everyone overpays illogically for product because of deliberate misinformation, or whatever)
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