is there a limit to the amount a person can justly truly earn in a lifetime by their work?
their number of hours work is limited - unlikely to be much more than 50 hrs x 50 weeks x 50 yrs = 125,000 hrs
the hardness of working/hr is limited - the hardest working person cannot work more than 10-20% harder than the average hardness of work PER HOUR - slacking will bring down the average a bit, but noticeable slacking gets fired, so maximum slacking is probably 10-20%
PROVIDED YOU PAY TERTIARY STUDENTS FOR STUDYING [which justice will do, bc it is work] there are no sound reasons for higher than average hrly pay
[risk, responsibility, talent, gifts, brains, brawn, skill, experience, scarcity, rare gifts, etc] turn out on examination to be no reasons for higher than av /hr pay [see arguments in other questions & answers of mine here at yahoo]
personal [nonmachineassisted] productivity must be world income divided by world workhrs = US$15/hr [paying homemakers & students too]
2006-10-17 16:01:22 · 1 answers · asked by Anonymous in Social Science ➔ Economics
No, it isn't.
By the way, Nigel, what the deuce is your reference to a golden calf about? Is this a symbol of something uselss but beautiful, or what? Do you object to humans making, buying, or enjoying, useless aesthetic things?
2006-10-20 01:59:24 · answer #1 · answered by MBK 7 · 0⤊ 0⤋