Friday, March 11, 2005

How long will this last?

A line-standing company may pay a worker $10 an
hour, $15 if he's a manager. He's holding a spot
for a lobbyist or lawyer or legislative assistant
whose sleep is much more valuable, who wants the
luxury of showing up half an hour before the
hearing. Some of the clients just want into the
hearing room; others are very particular about
getting good seats. The closer they are to the
action, the more important they feel. They're
players, or want to be.

What's wrong with this picture?

What happens when the line grows to, say, 5 miles
or more, aside from the increase in wages for
line-standers?

What happens when we're all line-standers, without
wages, only there to pay?

Think about it.

via cafeHayek