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> in reality you 're worth the lowest amount of money people in your profession are willing to do your job for. This violates basic economics. You are worth wh
by hodgesrm 5y ago
> in reality you 're worth the lowest amount of money people in your profession are willing to do your job for.
This violates basic economics. You are worth whatever an employer is willing to pay, not the lowest possible price. Your argument is the same as saying my house is worth the lowest amount for which somebody else would sell a somewhat similar house, which simply ain't so.
- Barrin92 5y agoWhat your employer is willing to pay you is the lowest amount of money for which someone else is willing to do your job. That is actually just a different way of saying the same thing. >Your argument is the same as saying my house is worth the lowest amount for which somebody else would sell a somewhat similar house, which simply ain't so. that is exactly what your house is worth. If your neighbours are selling their homes for 300k good luck demanding a million for yours. That is in fact exactly how any market determines a price for a commodity. If everyone starts selling their shares what do you think happens to the price of yours? If you think your neighbors dumping their homes on the market doesn't determine your property value you're in for a big surprise