There's an important piece missing from the articles analysis.
As humans we are inherently social in nature.
We delegate a lot of our reasoning to the wider social group around us. This is more energy efficient.
The article asks 'why do many people go through long training programs "to make money" without spending a few hours doing salary comparisons ahead of time'.
We do long training programs (eg, college degrees) mostly because they are socially esteemed. This social esteem serves as a proxy to their worth, and its typically information that has... (read more)
There's an important piece missing from the articles analysis.
As humans we are inherently social in nature.
We delegate a lot of our reasoning to the wider social group around us. This is more energy efficient.
The article asks 'why do many people go through long training programs "to make money" without spending a few hours doing salary comparisons ahead of time'. We do long training programs (eg, college degrees) mostly because they are socially esteemed. This social esteem serves as a proxy to their worth, and its typically information that has... (read more)