lbo-talk-digest V1 #3370

Yoshie Furuhashi furuhashi.1 at osu.edu
Wed Sep 20 15:58:53 PDT 2000



>Barry Rene DeCicco wrote:
>
>>One minor quibble - if they were further up the economic ladder,
>>they would have the government working for them a lot, but that
>>wouldn't prevent them from spouting libertarian rhetoric between
>>phone calls to their lobbyists.
>>But it is a minor quibble. Personally, I'd put most of the weight
>>on the simple fact that so many of them are in high demand, and are
>>mobile. As far as I can tell, a 20-something programmer can move
>>around in industry and geography more easily than anybody else.
>>This mitigates the effect of being in a hierarchy, since they can opt
>>out of any single given hierarchy and look for better condition.
>
>Curiously, the new State of Working America reports that the wage
>premium for programmers and other IT professionals has remained
>remarkably flat, despite all this talk of strong markets. It may be
>that their compensation isn't fully reflected in government wage
>surveys, but the visa controversy suggests that employers don't want
>to pay up for talent, even if it's in relatively short supply.
>
>Doug

This must be an instance of libertarianism harming the self interest of libertarians. Unorganized, programmers don't get compensation that they could command.

Yoshie



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