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> You're going to have to learn that, as a laborer at a firm, the quality of work you do is, at best, loosely correlated to your monetary compensation.

This has been one of the most disorienting and most important realizations of my career. Hard work, or even effectiveness, are only loosely correlated with comp. Often it’s even inverted, and that sense you get that your higher-paid betters aren’t very good and are barely even working is actually true when you get there yourself. It’s very weird but you must not tie expectations of effort or difficulty to compensation. Remember, we’re operating in an economic system where some of the best-compensated and richest people do essentially no work at all. It’s a topsy-turvy world out there. Your hardest work, highest stress, and most abusive job can easily be the one you’re paid the worst for.



@pantaloony

Isnt it interesting:

Economic theory is so incomplete that it is wrong

Currently taking note of economic inconsistencies and compiling them on the side so that we can create a more complete economic theory in a few years' time.


You don't need to @ the person you're replying to. It's clear from the comment threading and only adds unnecessary noise.




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