Hacker News Reader

This reminds me of the recent American Airlines story where they raised employee wages and institutional investors hammered them for it

http://www.latimes.com/business/la-fi-american-airlines-rais...

View on HN

It's almost as if an economic system encouraging everyone to act in their own selfish interest produces harmful results without checks or balances.

It's almost as if shareholders have zero desire to operate in a labor market where labor can sometimes grow scarce, but would instead prefer to a subsidized or conscripted labor-force.

Reply on news.ycombinator.com