the porous city



email me



Transparency can increase inequality
Via @interfluidity, argument that wage inequality is increasing because it's easier to assess worker quality, so the most productive workers are self-segregating into high-profit firms leaving everyone else at low-profit firms. See also this post on job polarization.

I completely believe this dynamic exists. There's a related story playing out in online advertising, where the ability to target specific kinds of consumers has reduced the broad-based advertising that a lot of general interest online publications depended on.

My first thought was how to reconcile this with continued hiring discrimination, but I guess that's not actually hard. It just means that while firms have gotten better at picking out high-productivity workers from the available pool, they're still - partially intentionally, partially unintentionally - artificially limiting the size of that pool.

I have a harder time reconciling the stronger claims in the top post with the evidence that monopoly rents are a major driver of corporate profit inquality. I asked Waldman about this and ...

Sad lol.

last timestamped: 13:37:52 19-Aug-2016
in categories:Commerce/Macroeconomics





No html.

what's the second letter of your name?

Security, OS, a11y, Data, Shopping, Javascript, Storage, Hardware, MacOS, Audio, WRX, Medical, RSS, Business, Visual, Development, Web analytics, Android, Web, Automobile, Crowdsourcing, Open, s60, Wearables, Energy, Social, Net, barcamp, Mobile, PIM, Collaboration, Product Management

Activism, Sports, Friday, Podcasts, Law, Feminism, NYC, Statistics, Boston, Video, Transportation, San Francisco, Politik, Agriculture, Berlin, Life hacks, Bicycling, Quizzes, Food & Drink, Housing, Clothes, L.A., Personal care, Geography, Minnesota, Games, CrowdFlower, History, Surfing, Toys, Travel

Musicians, Mailing lists, History, Mixes, Events, Business, Streams, Mp3s, Labels, Shopping, Hip-hop, House, Lyrics, Booking, Videos, Good tracks, L.A., Making, Reviews, Boston

Gossip, Languages, Life hacks, Weblogs, Working with, Vocations, ADD, Meditation, Exercise, Subcultures, Family, Me, Health, Stories, Friends, Enemies, MOTAS, Heroes

Marketing and CRM, Microfinance, Personal services, Personal finance, Web, Management consulting, Taxes, Non-profit, IP Law, Real Estate, Shopping, Macroeconomics, Investing, International Development, Insurance

Events, Desktop wallpaper bait, iPad bait, Humor, Comix, Outlets, Spoken Word, Movies, Rhetoric, Burning Man, Visual, Literature, Poetry, Sculpture, Animation

Furniture, Process, Architecture, IA, Data visualization, Presentations, Tools, Algorithmic, User experience, Cool, Web, Type

Physics, Psychology, Statistics and Data, Zoology, Networks, Environment

Uganda, Kenya, Kingdom of Siam, Vagabond '08

Friends, Photos I Wish I'd Taken, Moblog


Internet classic


One Acre Fund

Subscribe to this site's rss feed