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To: The Looking Spoon
A huge part of economics is the study, or should be, of what human nature is and what motivates people.

I'm sure Price felt just ducky after he jacked up everyone's wages. But not every employee is putting forth the same effort AND EVERYONE KNOWS IT.

If I'm now getting $70K for the effort and skill level that paid me $30K yesterday, what the hell is my motivation to do better than $30K effort and skills? And the workers who busted their ass to finally get to that $70K position legitimately, what is their motivation to do any more than they are now?

5 posted on 08/03/2015 6:04:38 PM PDT by Lizavetta
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To: Lizavetta

Mind your language, please; there are ladies present.


6 posted on 08/03/2015 6:13:31 PM PDT by Bigg Red (Let's put the ship of state on Cruz Control with Ted Cruz.)
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