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To: RitchieAprile

Even I have a hard time grasping and liking the laws of subjective value. It is sad, that boobs who lose money for corporations get paid tens or hundreds of millions of dollars. Or that some idiot actor or baseball player gets paid multiples of a doctor who saves lives. But that’s life.


42 posted on 01/17/2017 11:05:49 AM PST by Sam Gamgee
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To: Sam Gamgee

Supply and demand.

Boobs who lose money for corporations still tend to bring in WAY more revenue than most anyone else would. Most people would crumble in days under the pressures of being a big-corporation CEO.

Idiot actors & baseball players get paid huge amounts because millions want to see the few dozen of them. Ex.: people are willing to pay $1 each to see Harrison Ford appear in Star Wars 7 ... easily making his $20,000,000 salary for that movie.

Life-saving doctors do great work, but there’s 854,698 of them to choose from - so you can shop around until their salaries come down to six figures. My doctor is great - and I’ve paid him thousands of dollars, but there’s only a few hundred patients paying him.

Economies of scale.


46 posted on 01/17/2017 11:57:31 AM PST by ctdonath2 ("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
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