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by dalbasal
2072 days ago
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IDK really. Income correlates to a lot of stuff though, and that makes measuring complicated. A lot of high earning jobs are also intellectually stimulating, high status, high power, etc. Those are the jobs people may do regardless. For his part, I believe Keynes asked (poor) people at what salary they would work less and also observed the "leisure class" of his day. For my part, I think the "cost of thriving index" is a good starting point. For most people it's $X plus the amount needed to they buy a house, car, pay tuitions, healthcare, etc.. If you add up all these "basic" expenses, the "cost of thriving" has far outpaced official inflation and even median salary. |
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