On Sun, Mar 09, 2003 at 11:19:23PM -0500, [EMAIL PROTECTED] wrote: > > Eric wrote > >This sounds pretty silly. To a lot of people, money IS important. If > >teachers salaries were higher, there would be more applicants, and more > >highly skilled applicants, to choose from. Yes, of course it is supply > >and demand. > > Sounds simple,
No, I did not say it was simple. But that doesn't change the validity of the supply and demand model. Just because a model can explain one aspect of a phenomenon does not mean that it can explain everything, nor does it mean that it is useless. Of course I don't suggest applying such a model without considering the effects of other factors. But even with other factors, which of course exist, increasing demand (higher wages, other incentives) will tend to increase supply. > Research has always said money alone does not keep people at a job, it > is often the intangibles. Sure. And if the pay isn't high enough, many people would never take the job in the first place. -- "Erik Reuter" <[EMAIL PROTECTED]> http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
