> We should stop trying to pay for good work, and instead, try to hire people who like doing good work and damn the pay. This is in line with the traditional folk wisdom of Cambridge: “hire good people and let them get on with it”.
> Lastly, to make the economists less greedy, they should be paid less.
Ha, I needed a good chuckle in the morning. I'll be damned if I accept a job where they except high-quality work for pennies. From my conversations, my colleagues share this sentiment. Also, comparing a (severely underpaid for the work they do) post-doc's salary to global income and saying they're doing fine is a bit disingenuous.
-phd candidate in applied econ.
> Lastly, to make the economists less greedy, they should be paid less.
Ha, I needed a good chuckle in the morning. I'll be damned if I accept a job where they except high-quality work for pennies. From my conversations, my colleagues share this sentiment. Also, comparing a (severely underpaid for the work they do) post-doc's salary to global income and saying they're doing fine is a bit disingenuous. -phd candidate in applied econ.