6 ms·
When basic necessities are met ( infrastructure, health, sanitation, education, food, housing, security) there are diminishing returns for an individual to work
by greesil 8y ago
When basic necessities are met ( infrastructure, health, sanitation, education, food, housing, security) there are diminishing returns for an individual to work harder. I'd also add that per capita is a bad measure because of the skewed income distribution. Median is a better metric here.