Sunday, November 27, 2011

Big Question

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?

2 comments:

  1. 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.

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  2. You 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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