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by Amezarak
4196 days ago
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> Barring artificial distortions (immigration/emigration restrictions), people will move to where they can get the best deal; No, they won't. Many people value staying near home more than they value additional salary. That's especially true for people who'd have to move house thousands of miles into a new culture, but it's true even of people within the US. |
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This mobility checks salary bottoms for those who do want to stay (e.g. for the market I'm in over in China).