Small busineses do not work as microeconomic theory suggests. They don’t maximise profit.
Everyone assumes that people maximise utility, not profit.
And this is true of the vast majority of small businesses. In fact, it’s so true that many people make less money by being self-employed than they would do, in alternative employment. And that takes some explanation as well.
Why do people work for themselves when they make less than they would if they took a job? Well, there are a number of very good reasons.
The first is, they don’t want the jobs that are on offer. And why not reject those jobs when so many of them are dull, boring, repetitive, literally in environments where people do not appreciate those who are doing the work, and where the person is very often oppressed by the work that they do? They choose to work for themselves to simply have a better work experience.
Then we get a thousand words showing that people maximise utility, not profit.
Ho Hum.
a thousand words showing that people maximise utility, not profit.
…. and he still can’t grasp the Laffer curve.
“Neurotypical is somebody who can fit into the mould of expectation that HR departments by and large create for their employees. But the fact is that there are a lot of people who are not neurotypical. Sometimes we apply labels to them which are quite inappropriate. Autistic is sometimes used, ADHD is also sometimes used, and these might be helpful in some circumstances, but they very rarely are in the workplace. Quite simply, people who are not neurotypical think in different ways from that which is normal.”
Then there are the people who are basically unemployable because they are sociopathic cvnts – as seen in the trail of broken personal and business relationships left in their wake.
Like Murphy.
Actually, wokeness is driving the non neurotypical out of industries like the tech industry. Because autistic people don’t like constantly fluctuating speech codes and being told to lie about who people are.
“… very often oppressed by the work that they do”
He’s gone all Monty Python now.
Has this bloke ever met any tradesmen or women who work for themselves?
If you’re a carpenter, sparky, plumber etc and you work for yourself and are any good at it, you make a shitload more than working for someone else. Same with a lot of contractors in the technology world.
I think this is one of the things that Brexit showed. Leaving the EU affected a lot of small, mom-and-pop type businesses that managed to build a client base in the EU. What those businesses did not realise was that they were not exporting, but were dispatching within the single market. When those business actually had to export, they folded as they did not have the skills and the volume to be able to export. It turned out that these businesses were pretty marginal. From a pure productivity point of view, the business owners really would be better off wrapping up the business and to go work for someone else.
This is why when the FT had to show the negative effects of Brexit, the only businesses that they could point to were these tin pot businesses. This does raise the question of whether or not Brexit improved the productivity of the private sector.
@ Martin near the M25
Lots of people don’t like being told to lie: *especially*, but not only, about what people are. Does that make us autistic?
I reckon that there are enough of us to challenge the claim that liking being told to lie is “normal” – that is a long way into the acceptance of “1984” as an instruction manual rather than a dreadful warning.