22 ms·

Yes. To a first approximation, ignoring a gigantic pile of complications due to incentives. And the person cleaning the office should get the same pay as well.

• helge9210 4y ago
  USSR was exactly like this.
  • NoraCodes 4y ago
    USSR also had warm hats and abundant housing. Should we reject those, too, because they are historically associated with communism?
    • helge9210 4y ago
      > and abundant housing Not relevant to the topic, but this one is not true.
• brigandish 4y ago
  Since we're talking about investments, did the person cleaning the office invest the time to become adept at programming? Unlikely. The cost of an item is often linked to how much was invested (because that is linked to how much it took to come to fruition, and therefore, how much it needs to sell at to recoup that investment). It's not only the 8 hours that is invested, it's the previous investment that needs to be recouped. That's one reason behind why different people cost different things, which is ultimately down to quality. We're back to the initial question but at least we've dispensed with communism in the meantime.
  • danbruc 4y ago
    I am fine with that, you get compansated for the longer education period, you get 10 or 20 percent more than someone doing a cleaning job.