I don't understand where you got the idea that I suggest enforcing any kind of artificial rules on anyone. I am in fact for nearly zero labor regulation. I just said it's a negative effect, which it is.
Ideally the proportion in which a skill affects your salary is exactly the same at the proportion in which it affects job performance. Anything else is a market inefficiency.
Whether we should try to regulate it away is a completely different story.
Ideally the proportion in which a skill affects your salary is exactly the same at the proportion in which it affects job performance. Anything else is a market inefficiency.
Whether we should try to regulate it away is a completely different story.