Envelope / Develope

Photo by Jonas Jacobsson on Unsplash One in five workers with a high school education or less are subject to a non-compete clause. Labor cost becomes one of the variables any company will try to contain, especially for large companies or small franchises (like soccer, basketball teams) where the star status is coming with large paychecks. I will try to touch this subject in the light of a few observations and findings of today's labor market. Large companies are been tacitly agreeing to limit poaching talent from each other in order to limit the salaries of the talented people Monopsony is the buyer's power in the market, single buyer or many of them agreeing to follow the same rules. I wanted to touch the subject because it reflects one of the old ideas where "managers" are trying to contain costs of their raising stars. That is valid for all industries with the exception of the movie, music industry or individual sports. All other cases - team sp...

Photo by Patrick Tomasso on Unsplash I am not a reader of fiction books, mostly because I devoured them as a teenager and young adult. My taste was spreading from the classics - like Montesquieu, Gustave Flaubert, Emile, Zola, Marcel Proust, Jean Jacques Rousseau, Descartes and ending with the titans of the 20th century - James Joyce, Aldous Huxley, Ernest Hemingway, Sam Below, Thomas Mann,Sam Becket, John Galsworthy, Max Frisch, John Fowles. It is hard to recognize that I enjoyed those authors, but in my youth, Internet was not present and killing time had not many avenues among us - sports, reading, scarce parties. I read some of the South-Americans authors - Garcia Marques, Jose Saramago, Mario Vargas Llosa - and enjoyed it as the writer's imagination and the reality of those countries had something in common with the reality of my country and Romanian authors being forced to write in parables and still lived under a heavy hand of the dictatorial/communist regime. ...