Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
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Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
With a wage of over $40 an hour you could just work a 40 hour week and use your free time and $80, 000 dollar a year income (a.k.a. about 2.5x the median income of an American) to try and find some way of getting an even more lucrative job.
take economics, they discuss this very thing.Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
EagleEyedOne
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
take economics, they discuss this very thing.[QUOTE="EagleEyedOne"]
Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
GummiRaccoon
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
I believe he has a PhD in economics from Columbia.[QUOTE="FrostyPhantasm"]I work 84 hour weeks. For 2 weeks straight, then i get 2 weeks off.Nibroc420Ahh oil camps. Love hate relationship.Â
edit: but i currently don't live in the camp.
Ahh oil camps. Love hate relationship.Â[QUOTE="Nibroc420"][QUOTE="FrostyPhantasm"]I work 84 hour weeks. For 2 weeks straight, then i get 2 weeks off.FrostyPhantasm
edit: but i currently don't live in the camp.
I was considering it. But it just seems like I'd hate working 12 hour days for 2 weeks.[QUOTE="GummiRaccoon"]take economics, they discuss this very thing.[QUOTE="EagleEyedOne"]
Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
Laihendi
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
I believe he has a PhD in economics from Columbia.who?
[QUOTE="FrostyPhantasm"]Love hate relationship.Â[QUOTE="Nibroc420"] Ahh oil camps.Nibroc420
edit: but i currently don't live in the camp.
I was considering it. But it just seems like I'd hate working 12 hour days for 2 weeks. This is my first time with this schedule, i've done 7 on 7 off, which is super easy, it's honestly not that hard because you go to work, then usually as soon as you get home you're either working out and going to bed, or just going straight to bed, so it tends to go pretty quickly until the last couple days. Two weeks off though is pretty legit.[QUOTE="GummiRaccoon"]take economics, they discuss this very thing.[QUOTE="EagleEyedOne"]
Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
Laihendi
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
I believe he has a PhD in economics from Columbia.Doubtful, especially if he is asking the question he is in the OP. Â There have been countless studies done on this.
I believe he has a PhD in economics from Columbia.[QUOTE="Laihendi"][QUOTE="GummiRaccoon"]take economics, they discuss this very thing.
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
GummiRaccoon
Doubtful, especially if he is asking the question he is in the OP. Â There have been countless studies done on this.
Educated people need a venue to be 'stupid' sometimes.I believe he has a PhD in economics from Columbia.[QUOTE="Laihendi"][QUOTE="GummiRaccoon"]take economics, they discuss this very thing.
Â
There is a point where you have enough money to do the things you like so you start to work less.
Â
http://en.wikipedia.org/wiki/Backward_bending_supply_curve_of_labour
GummiRaccoon
Doubtful, especially if he is asking the question he is in the OP. Â There have been countless studies done on this.
Maybe he's seen the studies, but would like to raise the question anyways? It's like that other stupid thread "If someone gave you a baby and $20 mil, would you care for the baby?" I'm sure that question has had a study done on it, and I'm sure it's been asked dozens of times. However that doesn't mean the person is an idiot for simply asking what people would do.That depends on how we define "work". Someone might spend 60 hours a week lifting boxes, 10 hours a week at the gym, 10 hours a week playing basketball or tennis, and 20 hours a week gardening. All of that could be defined as "work". That's just an active lifestyle, and an active lifestyle could be considered "work". And by that standard, a hell of a lot of people DO "work" more than 100 hours a week for a lot less than $200k a year. If that's how we're defining "work", then yeah I'd do it. But if we're defining "work" as JUST the stuff that one does as part of their job, then hell no. There are 168 hours in a week. 100 hours a week at my actual JOB leaves only 68 hours in the week. Assuming I get 6 hours of sleep a night, that only leaves 26 hours in a given week for EVERYTHING ELSE. That's an average of only 3.7 hours a day to do EVERYTHING that isn't either sleep or paid employment. Dating, recreation, home and car maintenance, eating, driving to and from work, bathing, cooking, exercising...I've only got 3.7 hours a day to do ALL of that stuff. And that's assuming that I remain single. Lord forbid that I actually start a family. Then I've also gotta find a way to fit my kids and my wife into that 3.7 hours. And that's just insane. If I were ever to even consider doing that, I'd need to get paid a hell of a lot more than $200k/year. It's still not entirely out of the question, but the amount of money I'd have to get paid goes up a LOT. I'd need to be earning MILLIONS of dollars a year to even consider this.Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
EagleEyedOne
[QUOTE="EagleEyedOne"]That depends on how we define "work". Someone might spend 60 hours a week lifting boxes, 10 hours a week at the gym, 10 hours a week playing basketball or tennis, and 20 hours a week gardening. All of that could be defined as "work". That's just an active lifestyle, and an active lifestyle could be considered "work". And by that standard, a hell of a lot of people DO "work" more than 100 hours a week for a lot less than $200k a year. If that's how we're defining "work", then yeah I'd do it. But if we're defining "work" as JUST the stuff that one does as part of their job, then hell no. There are 168 hours in a week. 100 hours a week at my actual JOB leaves only 68 hours in the week. Assuming I get 6 hours of sleep a night, that only leaves 26 hours in a given week for EVERYTHING ELSE. That's an average of only 3.7 hours a day to do EVERYTHING that isn't either sleep or paid employment. Dating, recreation, home and car maintenance, eating, driving to and from work, bathing, cooking, exercising...I've only got 3.7 hours a day to do ALL of that stuff. And that's assuming that I remain single. Lord forbid that I actually start a family. Then I've also gotta find a way to fit my kids and my wife into that 3.7 hours. And that's just insane. If I were ever to even consider doing that, I'd need to get paid a hell of a lot more than $200k/year. It's still not entirely out of the question, but the amount of money I'd have to get paid goes up a LOT. I'd need to be earning MILLIONS of dollars a year to even consider this. I appreciate the effort in your response, but honestly, I did not read it. Can you summarize it in 2-3 sentences?Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
MrGeezer
[QUOTE="GummiRaccoon"][QUOTE="Laihendi"] I believe he has a PhD in economics from Columbia.Nibroc420
Doubtful, especially if he is asking the question he is in the OP. Â There have been countless studies done on this.
Maybe he's seen the studies, but would like to raise the question anyways? It's like that other stupid thread "If someone gave you a baby and $20 mil, would you care for the baby?" I'm sure that question has had a study done on it, and I'm sure it's been asked dozens of times. However that doesn't mean the person is an idiot for simply asking what people would do.The only more simple question he could have asked was "If things cost less, will you be more likely to buy it?"
Maybe he's seen the studies, but would like to raise the question anyways? It's like that other stupid thread "If someone gave you a baby and $20 mil, would you care for the baby?" I'm sure that question has had a study done on it, and I'm sure it's been asked dozens of times. However that doesn't mean the person is an idiot for simply asking what people would do.[QUOTE="Nibroc420"][QUOTE="GummiRaccoon"]
Doubtful, especially if he is asking the question he is in the OP. Â There have been countless studies done on this.
GummiRaccoon
The only more simple question he could have asked was "If things cost less, will you be more likely to buy it?"
But then ****s like you would go "There's a study that was done on that, so i doubt he's educated"[QUOTE="GummiRaccoon"][QUOTE="Nibroc420"] Maybe he's seen the studies, but would like to raise the question anyways? It's like that other stupid thread "If someone gave you a baby and $20 mil, would you care for the baby?" I'm sure that question has had a study done on it, and I'm sure it's been asked dozens of times. However that doesn't mean the person is an idiot for simply asking what people would do.Nibroc420
The only more simple question he could have asked was "If things cost less, will you be more likely to buy it?"
But then ****s like you would go "There's a study that was done on that, so i doubt he's educated"He asked an ignorant question, that is exactly the evidence needed to deduce that he is uneducated.
EDIT: second piece of evidence, someone responded with a thought out response and his reaction was essentially "TLDR"
Who needs all that time anyway?Y'all realize that 100 hour weeks would be over 14 hours a day. Even if you only slept 5 hours a night, you would only have 5 hours to eat, dress, shower, commute, exercise, relax, run errands, socialize
lostrib
[QUOTE="Nibroc420"][QUOTE="EagleEyedOne"] Guess so, lazy people like to find the simplest ways of reaching their goals.EagleEyedOneIt usually makes them more efficient in the long run too. Lazy people are the reason we have pulleys, fork-lifts, etc. They're too lazy to pick things up and move them, so they find a simpler way of getting the same work done. Hell yeah. We've all heard "simplify the equation."
I don't understand where these threads go, sometimes.Â
Hell yeah. We've all heard "simplify the equation."[QUOTE="EagleEyedOne"][QUOTE="Nibroc420"] It usually makes them more efficient in the long run too. Lazy people are the reason we have pulleys, fork-lifts, etc. They're too lazy to pick things up and move them, so they find a simpler way of getting the same work done.Shmiity
I don't understand where these threads go, sometimes.Â
It is not that complex.Hell yeah. We've all heard "simplify the equation."[QUOTE="EagleEyedOne"][QUOTE="Nibroc420"] It usually makes them more efficient in the long run too. Lazy people are the reason we have pulleys, fork-lifts, etc. They're too lazy to pick things up and move them, so they find a simpler way of getting the same work done.Shmiity
I don't understand where these threads go, sometimes.Â
Pay more attention ;)[QUOTE="EagleEyedOne"]
Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
verbtex
No, Id have no time to spend that money
This.[QUOTE="lostrib"]Who needs all that time anyway? Anyone who isn't a robot. That's reducing LIFE down to nothing more than "get ready for work, work, sleep, then repeat until you're dead." Time for self-reflection? F*** that, that just distracts from work. Time for relationships? F*** that, that just distracts from work. Time to stay healthy? F*** that, that just distracts from work. That's also not good business. People who are CONSTANTLY worked this much tend to have a hard time keeping up on a long-term scale. This kind of schedule results in health problems and emotional problems which are DETRIMENTAL to the quality of work that they're doing. That tends to be bad for business. That kind of tends to result in things such as employees dying on you and not working at all, or employees carelessly ruining expensive equipment that then has to be replaced before any more work can be done. Productive employees are a huge resource, and it's generally better to KEEP them productive rather than destroying them in a short period of time and then having to constantly find replacements.Y'all realize that 100 hour weeks would be over 14 hours a day. Even if you only slept 5 hours a night, you would only have 5 hours to eat, dress, shower, commute, exercise, relax, run errands, socialize
EagleEyedOne
It is not that complex.[QUOTE="EagleEyedOne"][QUOTE="Shmiity"]
I don't understand where these threads go, sometimes.Â
Shmiity
I usually paint ceilings on Mondays, but chickens run across roads.Â
Chickens cross roads without going down them.[QUOTE="EagleEyedOne"][QUOTE="lostrib"]Who needs all that time anyway? Anyone who isn't a robot. That's reducing LIFE down to nothing more than "get ready for work, work, sleep, then repeat until you're dead." Time for self-reflection? F*** that, that just distracts from work. Time for relationships? F*** that, that just distracts from work. Time to stay healthy? F*** that, that just distracts from work. That's also not good business. People who are CONSTANTLY worked this much tend to have a hard time keeping up on a long-term scale. This kind of schedule results in health problems and emotional problems which are DETRIMENTAL to the quality of work that they're doing. That tends to be bad for business. That kind of tends to result in things such as employees dying on you and not working at all, or employees carelessly ruining expensive equipment that then has to be replaced before any more work can be done. Productive employees are a huge resource, and it's generally better to KEEP them productive rather than destroying them in a short period of time and then having to constantly find replacements. Pretty sure I established my position on blocks of text in this thread, but in case you didn't catch that, please make it simple and summarize it in a few sentences. No one likes to read a block of text in forum.Y'all realize that 100 hour weeks would be over 14 hours a day. Even if you only slept 5 hours a night, you would only have 5 hours to eat, dress, shower, commute, exercise, relax, run errands, socialize
MrGeezer
[QUOTE="EagleEyedOne"][QUOTE="Shmiity"]Chickens cross roads without going down them. Sometimes Chickens go down roads, without crossing them. Sometimes they don't look back.I usually paint ceilings on Mondays, but chickens run across roads.Â
Nibroc420
[QUOTE="verbtex"][QUOTE="EagleEyedOne"]
Money can buy pleasure but pleasure is not necessarily measured by money. Would you work over 100 hours/week in order to gain over $200K per year?
gamerguru100
No, Id have no time to spend that money
This. That is the greatest.A week has 7 * 24 hours in it. 168 hours.
168 hours - 100 hours = 68 hours.
Assuming 8 hours of sleep is normal, 8 * 7 = 56.Â
68 hours - 56 hours = 12 hours.Â
Assuming 15 minutes of eating time per three meals a day is normal, ((15*3)*7)/60=5.25.
12 hours - 5.25 hours = 6.75 hours.
6.75 hours of free time per week isn't worth 200K a year regardless of taxation, especially considering unfactored time-costs (transportation, etc.).
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