Comment Comment by pjc50 > the work they are doing is worth 4x as muchThis is a purchasing power parity argument; moving people around in London is "worth" more because they have more money, and money that is more valuable on the global exchange rate market. parent pjc50 5 years ago
This is a purchasing power parity argument; moving people around in London is "worth" more because they have more money, and money that is more valuable on the global exchange rate market.