jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131The individual is in the best place to decide this. I realise that there is difficultly when we are only given discrete choices (eg work 0 or 40 hours), as your “best choice” is not avaliable. However, if you choose to work 40 hours instead of zero you are saying you prefer it.
“I know a lot of people with degrees working jobs that just don’t pay them what their time is worth”
Here it depends what you mean by worth. If the person is working they must be paying him/her at above his/her reservation level – so it is worthwhile for them. If you are making some sort of normative judgment that they are not getting a fair piece of the value they create from their work then there must be some reason for it (eg the employer has too much power in the bargaining process) – however it is still better than the next best alternative.
The way society is at the moment I think that the choice to work is relatively “voluntary”, and if people are willing to take lower pay they can often get more flexible hours. As a result, I’m think that current labour market arrangements are relatively optimal.
As a result, any fall in hours worked will more likely imply a change in labour demand, instead of a change in the fundamental preferences by workers. If labour hours rise all the economists will start saying that people “have to work” in order to pay their bills – although this may be the case at some level, it would also imply that labour demand is not waning, which when looking at inflation etc is the more important point to focus on. Hopefully the inflation adjustment of benefits etc will be sufficient to help the poorest people maintain the type of standard of living that we as a society believe that everyone should have at minimum.
]]>Why work 40 hours at a warehouse when you can work 30, still get by and save (albeit buying a little less crap), and spend 10 hours being creative?
I know a lot of people with degrees working jobs that just don’t pay them what their time is worth. So they cover their basic needs and do something else the rest of the time (like write a blog).
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