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Reply to "Which positions are most in demand"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For the economist out there, Messi, Ronaldo and Neymar do not play the same position. They are generational talents, and Messi is in the discussion of being the best player ever. They sell jerseys and fill the stadiums. The discussion is not which position is the best paid or has the most prominent talent, but about which position is the hardest to fill. [/quote] You are correct this is about which position is hardest to fill. In a labor market, salaries are generally determined by talent scarcity. This is particularly true in labor markets because skills are elastic (people have choices). In general the people with the rarest skill get paid the most. Why? Because the supply curve will move until an equilibrium price is obtained (more people will start playing the position). This stops when the supply runs out (talent scarcity). Therefore salaries paid are a great way to determine which position is the hardest to fill. Especially in labor markets. Therefore the people that score in soccer are the most in demand. Does not help my kid but he loves playing keeper. Oh well. [/quote] +1[/quote]
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