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by jiggy2011
4216 days ago
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By outwork I mean work for more hours or be willing to. If a rich person with a degree from an elite university has a higher expected per hour productivity than a poor person with no degree then the poor person can sometimes compete for the same job as the rich person by being willing to work for more hours. Or the poor person might be able to get a different job that the rich person would not consider because the hours are too long. I don't think getting married would have the same effect unless one party gives up work or reduces the number of hours that they worked after being married, this doesn't tend to happen anymore. |
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Dalke's point is that GDP is an imperfect measure. In his example, the maid's work counts towards GDP (because she is being paid a salary) but the homemaker's work does not count (even though it may be identical in nature and extent.)