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Posts by asdasd

This could cost a lot. Potentially every employee employed by any of the companies in the cartels involved - if proven - could sue for loss of earnings for the years the alleged cartel operated. And interest. That could run into billions across the industry.
Notice that the defenders of the cartel don't think Apple should have paid engineers their true value but nobody blinks when managers or executives are hired for millions. The best technical people in technical companies - the top 1% of the top 5% who get offered jobs in Apple - should be paid as much as some execs at least.
Jesus wept. Are you saying that to work for Apple you cant work anywhere else again, that you are a slave for life? What about the other way, should Apple not hire Google engineers, or people who work on Maps elsewhere. Or health?  Everybody learns something at companies. You cant sell the IP but you can sell yourself.
 Thats a distinction without a difference.
It was a conspiracy to reduce someone's pay, or potential pay. Jobs had two options. 1) shout at Google and engineer a cartel.2) Offer much more money to the engineers who were being targeted. If they were that good they were worth it. After all companies are often bought for millions, with the talent attached, often for the talent.
The other thing is you get far more real and decent economic activity with demand side rather than supply side incentives. Give people more money and they buy, give companies more tax cuts on profits and they hoard or at best make often stupid investments. Give banks more money and they throw it around like caviar at a Russian billionaire’s wedding.   Sure the extra money the companies make often goes into a bank, but that isn’t much different from printing money. If you...
  This is standard textbook, but it’s wrong. Labour isn’t like other commodities, as in mass markets labour is also your  demand. There can be a demand famine if the price of labour is cut. And companies employ on demand for their products, not just labour costs. To see this imagine a factory A which produces 100,000 widgets a week, employing 100 employees. To simplify the mathematics all employees are equally good and all produce 1000 widgets.  There is a recession, and...
 Apple might, as people pointed out take the hit. Or they can pass it on to the developer. As far as i know Apple has to charge VAT on UK sourced development sold in the UK - and similar in other countries. The dev takes the hit.
The EU should do this with corporation tax, decide a tax and hand 12 percent to the EU and 12 percent to the country of "domicile".
 Thanks. I don't remember other countries in the EU doing this. But they must. What this means is that in sales tax the EU seems to be more harmonious than the US, as far as I can see. The  VAT Mini One Stop Shop would be essential to the small business. EDIT: Actually now that I think, i do remember that the EU was harmonising VAT in 2015. Heres the Irish version: http://www.revenue.ie/en/tax/vat/moss/index.html
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