15min chapter

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Ep. 02 James Currier - Unveiling the math behind society and what to do about it

Boundaryless Conversations Podcast

CHAPTER

Power Laws and Labor Market Inequalities

This chapter examines how power laws affect labor markets, particularly through the lens of residential real estate brokers in the U.S., where a small fraction of individuals control most transactions. It highlights how increased transparency facilitated by the internet can exacerbate inequalities, impacting the middle class and fostering fear and polarization. Additionally, the chapter discusses the need for innovative models and educational adaptations to promote fairness and prepare workers for the evolving job market.

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