thomblake comments on AndrewH's observation and opportunity costs - Less Wrong

22 Post author: Yvain 23 July 2009 11:36AM

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Comment author: thomblake 23 July 2009 11:34:35PM 0 points [-]

I'm glad you included a link on this one. Until I got to that, it seemed like pure armchair theorizing.

Comment author: SoullessAutomaton 23 July 2009 11:43:21PM *  5 points [-]

It was armchair theorizing, informed by knowledge I have acquired, including memories of articles such as the one linked to. I actually wrote the whole comment before looking up that article based on vague recollection of it.

That said, the assumption that an activity that one does to acquire money should, in absence of bureaucratic meddling, pay similar amounts independent of skill at the activity, seems to me far more implausible by default than the opposite.