[Info-vax] HP stopping VMS paper documentation ?
glen herrmannsfeldt
gah at ugcs.caltech.edu
Thu Dec 1 03:44:02 EST 2011
AEF <spamsink2001 at yahoo.com> wrote:
(snip, I wrote)
>> Free market depends on prices to follow supply and demand.
>> When you require prices and income to only increase, you
>> remove much of the feedback that makes free market work.
> And increase unemployment.
Yes, and increases unemployment.
In the case of goods, free market can work pretty well. If I
know one store has better prices, I will buy more there.
(Assuming no price fixing, which is anti-free market.)
But in the case of employment, or other long-term contracts,
it isn't so easy. Companies can't hire and fire people on a
daily basis depending on need. (In many industries, anyway.)
Even so, some groups have accepted pay-cuts in lieu of firing
some percentage of the group.
-- glen
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