And I say this as someone who could have used it multiple times in the last few years, though admittedly not a good prototypical case (2/2).
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- As a grad student/freelancer, the timing of invoices & stipends means any causal link between work & compensation has vanished.
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...major red flag for control engineer like me. Stable provisioning of positive good with no feedback = implausible.
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- Well, that's a bit asocial, now, isn't it? Prestige, popularity, respect, glory.
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those are all cultural feedback variables on consumption side, not economic feedback variables on production side
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- Bollocks. And the production/consumption binary is a product of the second half of the twentieth century.
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:) I assert an artist consuming dollars/pounds/bitcoin and adding value in "earned whuffie" is not feedback loop.
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Are luxury, novelty, and status enough to incentivize hard work? Anecdotal evidence of debt-ridden yuppies says "yes."
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I made that point in 'You Are Not an Artisan' as 'conspicuous production' ribbonfarm.com/2013/07/10/you
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If a line of work becomes too unsexy, demand outstrips supply, making it more lucrative and therefore sexier.
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