Published by admin at February 27, 2018 A recent article in the January/February issue of the ATA Chronicle* written by John M Milan discusses the “Economics of Language Services” and more specifically why freelancers find it difficult to raise their rates. The article zeroes in on the several points: value, scarcity, marginal utility, supply and demand, consumer perception and competitive markets to mention most but not all of the topics. Mr. Milan appears to have a good grasp of economics but fails to point out that often freelance translators are not able to raise their rates because they lack significant volume. In today’s world anyone, anywhere can […]