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Does the tailor make a decent wage? I think just shortening a pair of pants is 30$ minimum. Things that can't be done in a factory are increasingly expensive,
by jopsen 7y ago
Does the tailor make a decent wage?
I think just shortening a pair of pants is 30$ minimum.
Things that can't be done in a factory are increasingly expensive, especially if you don't have underpaid workers.
- jseliger 7y ago"Baumol's Cost Disease" is the missing discussion in these conversations https://marginalrevolution.com/marginalrevolution/2019/05/the-baumol-effect.html https://marginalrevolution.com/marginalrevolution/2019/05/th...
- carapace 7y agoReminds me of Mark S. Miller's classic: "A Computer's Perspective on Moore's Law: Humans are getting more expensive at an exponential rate." https://web.archive.org/web/20070203034530/http://www.caplet.com:80/adages.html https://web.archive.org/web/20070203034530/http://www.caplet...
- jopsen 7y agoNice!
- topkai22 7y agoFixing a ripped pair of pants? Probably, I’ve watched my mother in law fix a pair of pants on her sewing machine in a couple of minutes. Let’s say it takes 5 minutes of fully loaded labor time and de minimus materials, that’s $60/hour, which isn’t terrible, especially since repair is likely to be an on demand thing that supplements more profitable lines like alterations.
- jopsen 7y agoThat's terrible, you didn't figure benefits, renting a location, materials, expenses with making a sale, and worst of all you assume 100% utilization. What if there's only 20 pants to be fixed on a slow day.. If you send it off, you have logistics and both the tailor and the sales person need to turn a profit.