Saturday Morning Breakfast Cereal by Zach Weinersmith for July 12, 2015
July 11, 2015
July 13, 2015
Transcript:
It's called Baumol's cost disease. The idea is this: some jobs become more productive over time due to technology and so are better paid. Other jobs, such as playing live music, or preaching, or sex work, do not change and productivity and yet somehow they pay better over time too. Baumol's solution is that the musicians pay is buoyed by the fact that he could become a computer programmer. Buyers of labor pay the musician extra to not change jobs. So, you see, we're all connected! No financial action exists in a vacuum. Are you going to give me a pay raise or not? And encourage prostitution? You monster.
Brass Orchid Premium Member almost 9 years ago
Maybe any increase in productivity is of benefit to the common wealth.…Nahhhh…
Ida No almost 9 years ago
Maybe if p-workers used computers while doing their jobs, they’d be more productive, too. Laptop dances?
damifid0 almost 9 years ago
Anyone that works;is a paid worker. IE: prostitute. We are[were] all in the same boat,except the moral deniers.Peace.