3 ms·
What is the name for the economic fallacy or paradox where I see an article like this and thing "$15k over 4 years is not worth my time" but if you were to ask
by pc86 2y ago
What is the name for the economic fallacy or paradox where I see an article like this and thing "$15k over 4 years is not worth my time" but if you were to ask me if I wanted $15k or a small fraction of that right now with no recurring aspect I'd take it in a heartbeat? That's how I feel reading any of these side project pieces. I look at the total revenue and how long it took them to get there and I groan thinking how I'd hate to do that. Maybe I'm just too focused on hourly rate?
- lupire 2y agoThat's called rationality. The paradox is thinking it's worthwhile to squander the few free hours you have to make a number go up. OP made $15K selling snake oil of a specific nature that, if it were a legitimate product, would have made far more than $15K if he simply used his tool himself instead of productizing it and selling it to rubes and crooks.
- maerF0x0 2y agoI just see that as opportunity cost. I want $15k. But I want to not work 2000 hours for it even more.