JGWeissman comments on (Virtual) Employment Open Thread - Less Wrong

35 Post author: Will_Newsome 23 September 2010 04:25AM

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Comment author: mattnewport 24 September 2010 06:33:31AM 0 points [-]

We've already talked a little about economics but it seems you haven't really got the hang of it yet. If you plan to sell your labour, the 'value' of your labour is not your problem, negotiate the best rate you can for what you can do. If you take a more entrepreneurial route you can try to sell a product. Again, your effort is not the point, you just negotiate for what the results are worth.

Comment author: JGWeissman 24 September 2010 06:41:13PM 1 point [-]

A major problem with applying this point of economics is that most employers haven't really got the hang of it yet either. It is a sad rationality fail to be focused on what you could have accomplished if your potential trading partners themselves were only more rational (unless you can actually make them more rational).

If you can find employers who understand this, more power to you.