Senate Republicans block minimum wage increase bill

Joined
May 1, 2012
Messages
11,108
Reputation
-2,551
Daps
11,869
Reppin
NULL
baseball players get paid what they do because of simple market forces like supply and demand...

:heh:

there's no supply/demand dynamic that supports 100 million dollar contracts for baseball players. it's completely arbitrary. first, baseball talent isn't a commodity. second, it isn't something that can be sold on the market. it's entertainment, and like most popular entertainment, the salaries are governed by greed more than actual supply and demand.
 

DEAD7

Veteran
Supporter
Joined
Oct 5, 2012
Messages
51,231
Reputation
4,555
Daps
89,396
Reppin
Fresno, CA.
:heh:

there's no supply/demand dynamic that supports 100 million dollar contracts for baseball players. it's completely arbitrary. first, baseball talent isn't a commodity. second, it isn't something that can be sold on the market. it's entertainment, and like most popular entertainment, the salaries are governed by greed more than actual supply and demand.
:why:



edit::wow:
 
Top