Re:Striking auto workers want a 40% pay increase–the same ra...
by whatshisface on Monday September 18, 2023 @10:37PM
(#37565034)
I am not really so much disagreeing with your analysis as I am pointing out that,
1. Cronyism looks like something totally different if you are inside of it or close enough to see it, which helps explain why it can happen.
2. The "economics 101" picture has no problems with adapting to non-financial preferences like nepotism. In fact the basic models make no statement about why buyers would prefer one thing over another whatsoever.
1. Cronyism looks like something totally different if you are inside of it or close enough to see it, which helps explain why it can happen.
2. The "economics 101" picture has no problems with adapting to non-financial preferences like nepotism. In fact the basic models make no statement about why buyers would prefer one thing over another whatsoever.