Employment derivatives: Difference between revisions

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{{a|myth|{{image|Ironmountain1|jpg|}}}}{{d|Employment derivatives|/ɪmˈplɔɪmənt dɪˈrɪvətɪvz/|n|}}Financial instruments designed to manage the risk of employment variability. First developed in the early part of this millennium by derivatives pioneer and perennial boiler of pots, {{author|Hunter Barkley}}.
{{a|myth|{{image|Ironmountain1|jpg|}}}}{{d|Employment derivatives|/ɪmˈplɔɪmənt dɪˈrɪvətɪvz/|n|}}Financial instruments designed to manage the risk of employment variability. First developed in the early part of this millennium by derivatives pioneer and perennial boiler of pots, {{author|Hunter Barkley}}.
====Genesis====
====Genesis====
{{Drop|W|hen deep into}} his annual rant about life’s meaningless viewed through the lens of his tawdry income, while yet another junior customer services manager left for a crypto startup, Hunter Barkley had an epiphany. Just as his own pay packet was an unhedged contingency apt to rain disappointment across his meagre aspirations, so was that experience common to the great, dreary sweep of humankind that clambered blearily across the clanking gears of industry.  
{{Drop|W|hen yet another}} junior customer services manager quit for a crypto startup, Hunter Barkley had an epiphany. Just as his own salary was an unhedged contingency apt to rain disappointment across his meagre aspirations, so was his experience common to the great, dreary sweep of humankind that clambered blearily across the clanking gears of industry. There was only one way to medicate, and that was to quit, and catch one of the waves of hysteria that periodically swept the market. 


But that much was obvious. That was not the revelation, but this: just as the great collected horde of wage slaves were at the whims of wanton Gods, ''so too were their bosses''. Logically, they ''must'' be: the firms were on the other side of the same disspiriting trade.
That was not the revelation, but this: just as the great collected horde of wage slaves were at the whims of wanton Gods, ''so too were their bosses''. Logically, they ''must'' be: the firms were on the other side of the same dispiriting trade.


Firms — particularly boring ones — were ''long'' what their servants were ''short'', only ''at far greater scale''. They bobbed ineptly at the mercy of hysteria’s fickle ebb and flow.
Firms — particularly boring ones — were ''long'' what their servants were ''short'', only ''at far greater scale''. They bobbed ineptly at the mercy of hysteria’s fickle ebb and flow.