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Chapter 19 HMWK

Post three of your "margin notes" from your reading of the chapter to your blog.  Why did you make the comment you made in the margin?  What did you find confusing, useful, or important about the passage you commented on? (I know many of you don't use margin note -- but just what you found interesting and might like more information on. What caught your eye as you read the chapter? Why did it catch your eye?)

The compensating differential was an interesting idea, and I can see why some unattractive jobs that may require one to work in dirty conditions or odd hours may pay highly even if they do not require specialized skills. People respond to incentives, so financial rewards can be used to attract workers to undesirable jobs.

 The signaling view of education sounds like what I have experienced in life. Nobody has ever asked what my GPA was, or how any particular class will help me perform my job, yet having a degree caught their attention. 

 Another thing that caught my attention was the anecdote about how streetcar operators were fighting discrimination laws because the end result was having to "haul around a good deal of empty space" which bit into profit. The flipside is that businesses that do engage in discriminatory practices are usually responding to customer preferences, such as in a restaurant where servers are very visible.

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