16. Input Markets II-Labor and Capital

[@trent797]

A lot of insight in this lecture. This explains why companies want to keep employees ignorant about wages. Any business that is currently complaining "no one wants to work" needs to understand the reality we live in now: workers are getting vastly more information about their options and are saying "no thanks" to your paltry wages.

[@abhisheksinghasia]

STEM - Science, Technology, Engineering, Medicine 📚

[@cmpatel92]

@@abhisheksinghasia Science, technology, engineering, and mathematics**

[@ayrian25]

Great content once again. Really insightful about the reality of labor market, especially with his own example in the academia.

[@brainstormingsharing1309]

Absolutely well done and definitely keep it up!!! 👍👍👍👍👍

[@niravjethva7640]

Great Professor, thank you for the wisdom Sir.

[@square_waves8263]

"Happily work" is kinda loaded there. Like yeah there are people who would take that deal, but people often willingly take deals they aren't happy about.

[@ProWhitaker]

Thanks for the video

[@amybio1189]

This is amazing! Please do more videos like this :)

[@FlyerDiver]

It’s perfectly clear college professors have ZERO knowledge of how the REAL WORLD works. MIT is not exploiting this guy. He’s apparently too GD lazy to find out what other institutions are paying for similar work. Plus he’s probably too scared to ask. Or as he implies, he’s simply “comfortable “ where he is so isn’t willing to put forth the effort to obtain a higher paying position

[@tonysoviet3692]

@@FlyerDiver search him up, he CRAFTED the ACA bill for Massachusetts. I'm pretty sure he's at a comfortable point with his capital and power.

[@hanieafsharnaseri9267]

great lecture

[@stellaarcher2062]

And that is why people need to talk about what they earn

[@simonroese2596]

Really good stuff

[@anb4351]

First one to the class I guess

[@marwinsteiner5817]

Interesting how MIT Microecon lectures are only 50 minutes long.

[@seraphinagrace770]

27:55

[@SolvingOptimizationProblems]

*Who came here to learn English?*