What are the factors that create a compensation model in which we pay our athletes and entertainers millions and millions but pay our public servants close to minimum wage?
As you research the economics of this question you may want to consider societies that offer a contrast in values and compensation. You may also look at the impact of compensation on motivation. If your intent is to argue a particular hypothesis or point of view, make sure to say so-- it's easy to infuse economic arguments with value judgments.
As you research the economics of this question you may want to consider societies that offer a contrast in values and compensation. You may also look at the impact of compensation on motivation. If your intent is to argue a particular hypothesis or point of view, make sure to say so-- it's easy to infuse economic arguments with value judgments.
ReplyDeleteYou should look into how athletes/celebrities were paid in the past, in the earlier half of the 19th century they were no where near as profitable
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