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> People who give their firm everything they have generally get rewarded for it. The first job I got out of college, there was a sea of Solution Architects. Th

> People who give their firm everything they have generally get rewarded for it. The first job I got out of college, there was a sea of Solution Architects. They all worked around 60 hours a week, if not more. If a boss said jump, they would always ask how high. If a boss told them they needed to take a red-eye tonight, they always did it. Yet every time I went into the main office, the group was entirely different. That's an example of a group of people who drank the Kool aid, who were "generally" supposed to be rewarded. > Just realize that everything has an opportunity cost and that nothing comes for free (both spending time with your family and spending time at work). It's a sign of a deeply sick culture when everything has a transactional value.

mruts 7y ago
Opportunity cost is a property of time, not culture. Unless we figure out how to live forever or stop time, this will always be the fundamental constraint on life.
- ianleeclark 7y ago
  > Opportunity cost is a property of time, not culture. I'm aware, I have a degree in economics. I'm talking about cultural values that force constant optimization onto individuals as being deeply sick. Regardless of if every action has some minmax strategy, it's not healthy to have individuals constantly running Bayesian analysis into if they should spend time with their family, or take a second job.
  - mruts 7y ago
    Do you have an alterate paradigm?
    - ianleeclark 7y ago
      Letting people breathe
      - mruts 7y ago
        As someone trained in economics you should already be aware that everyone chilling isn’t a stable equilibrium. For example let’s say that everyone only works one day a week. Now I can double my output by working two days. So we can look at the relative productivity gains of working one extra day as a function of how many days on average everyone else works: 1 day: 100% 2 days: 50% 3 days: 33% 4 days: 25% 5 days: 20% 6 days: 16% 7 days: 0% As you can see, the less everyone else works, the more value your extra work is. I’m not saying that the equilibrium is gonna be 7 days. But it’s not gonna be less than 4, at the very least. This is also the reason why the 20 hour work week will never catch on.
        ianleeclark 7y ago
        > As someone trained in economics you should already be aware that everyone chilling isn’t a stable equilibrium. Wow TIL. > As you can see, the less everyone else works, the more value your extra work is. It's surprising someone like yourself subscribes to the Labor Theory of Value.
        mruts 7y ago
        LTV is a fundamentally classical liberal idea, so it really shouldn't be that surprising. Even so, the supply and demand model offers a much more coherent vision of prices in the marketplace. As such, we can view working more than anyone else in supply and demand terms. People who produce the most are always in high demand, and the less of them there are, the more value a high productivity individual provides.

mruts 7y ago

Opportunity cost is a property of time, not culture. Unless we figure out how to live forever or stop time, this will always be the fundamental constraint on life.

ianleeclark 7y ago
> Opportunity cost is a property of time, not culture. I'm aware, I have a degree in economics. I'm talking about cultural values that force constant optimization onto individuals as being deeply sick. Regardless of if every action has some minmax strategy, it's not healthy to have individuals constantly running Bayesian analysis into if they should spend time with their family, or take a second job.
- mruts 7y ago
  Do you have an alterate paradigm?
  - ianleeclark 7y ago
    Letting people breathe
    - mruts 7y ago
      As someone trained in economics you should already be aware that everyone chilling isn’t a stable equilibrium. For example let’s say that everyone only works one day a week. Now I can double my output by working two days. So we can look at the relative productivity gains of working one extra day as a function of how many days on average everyone else works: 1 day: 100% 2 days: 50% 3 days: 33% 4 days: 25% 5 days: 20% 6 days: 16% 7 days: 0% As you can see, the less everyone else works, the more value your extra work is. I’m not saying that the equilibrium is gonna be 7 days. But it’s not gonna be less than 4, at the very least. This is also the reason why the 20 hour work week will never catch on.
      - ianleeclark 7y ago
        > As someone trained in economics you should already be aware that everyone chilling isn’t a stable equilibrium. Wow TIL. > As you can see, the less everyone else works, the more value your extra work is. It's surprising someone like yourself subscribes to the Labor Theory of Value.
        mruts 7y ago
        LTV is a fundamentally classical liberal idea, so it really shouldn't be that surprising. Even so, the supply and demand model offers a much more coherent vision of prices in the marketplace. As such, we can view working more than anyone else in supply and demand terms. People who produce the most are always in high demand, and the less of them there are, the more value a high productivity individual provides.