There is no such thing as a worker shortage. There are only price movements to reflect the relative availability of labour. This is a maxim that years of trickle-down economics brainwashing has erased from the Australian press.
We would expect to see this kind of partial analysis from the AFR, which is has been governed by overly simplistic trickle-down economic thought since the appointment of Michael Stutuchbury as editor. Hence, we see a story like the following today in which an employer has a good old whinge about lazy workers: Rashid Khan, the chief executive of Khan’s Supermarkets, wants to […]
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