Trying to work out the internal psyche economy over on my art of gig account. Related to the weird supply curve thing I shared earlier. Marginal value/conditions is a better frame https://twitter.com/artofgig/status/1233870649958920192…
Thought: For an individual, labor supply curve is not monotonic up and to the right, it’s a U-shape. If you have minimum living costs, you’ll sell more time to hit your minimum. But once you can make minimum with less than 100% time, leisure is substitute demand so curvecrises