There are restaurants with flat service charges -- Per Se is one example -- but I think the supply of waiters and waitresses indicates that the market is working fine. I mean, slave labor is a bit hyperbolic.
eta: an article regarding how some servers prefer a tipping system. [link]
One thing the article fails to mention is that if servers underreport tips to the IRS, that income is tax-free.
but I think the supply of waiters and waitresses indicates that the market is working fine.
I'm not sure that's the best way of measuring a market's success. A lot of people work in desperate situations for crappy pay; it doesn't exactly mean everything's fine.
I'm not sure that's the best way of measuring a market's success.
Well what would be? People choose to work as waiters, no one is being forced into it. That indicates that pay is adequate to ensure a supply of people willing to work under those conditions. They may want to be paid more, we all do. But they accept less.
Well, if you just see everyone as cogs, great.
Stringer Bell read Adam Smith, too, right?(Guess who I think the bigger gangster is...dude, that was in there, the whole time and I just got it...kudos, Mr. Simon, you angry liberal motherfucker.)
ETA: [to bon]
I think we have a different opinion on what "success" is.
The economic definition is often not the popular-type one...one of the reasons I struggled hard with econ. Well, that and the charts. I suck at charts.
I think we have a different opinion on what "success" is.
Well what would make a successful labor market for waiters, then?
Well what would be? People choose to work as waiters, no one is being forced into it. That indicates that pay is adequate to ensure a supply of people willing to work under those conditions. They may want to be paid more, we all do. But they accept less.
Well sure, Mr. Carnegie, but one of them tunnels is like to cave in and KILL somebody we keep on borin' that fast...
Well what would make a successful labor market for waiters, then?
One in which their wage is not dependent on the whims of the people they break their backs to serve.
People choose to work as waiters, no one is being forced into it. That indicates that pay is adequate to ensure a supply of people willing to work under those conditions. They may want to be paid more, we all do. But they accept less.
Um. I didn't get forced into it at gunpoint, it's true, but I sure as hell wouldn't be slinging pasta for tips if I could find a job that would a) give me health care and b) existed.
Well what would make a successful labor market for waiters, then?
Consistent pay, health care, lack of turnover....