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And those points are determined by demand and supply.

they are supply and demand, or at least one individual part of it. okay, maybe i'm just getting hung up on your phrasing here..

Yes, that holds up as a general rule. Except for things I'm intrinsically interested in.

i find that very implausible. i did a fair deal of (unpaid) low-skilled work and i hated all of it. i also don't think you can't just take your personal interests out of the equation, ideally that's the thing you should learn.

i haven't read Thinking, Fast and Slow so i'm not sure what the argument is, but feel free to elaborate. in particular: if you are more willing to do less skilled tasks, them why whouldn't that be worth some money to you? maybe not the regular pay of low-skilled work, but still less?

in any case, on a vagely related note: The Case Against Education seems pretty interesting. i'm not through The Myth of the Rational Voter yet, but i these two interviews [1, 2] with Caplan pretty thougt provoking. (i the second one i disagree fairly strongly on what he calls his "puritanism", but that's another issue i guess..)

Tags: my argument

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