Here is a simple way to get a better idea of what makes us tick by using what we already know about ourselves. For simplicity, I set up a comparative advantage calculator.
So, here is an example. Say I am a blue collar worker and am willing to work 20 hours a week in order to get a salary of $20 an hour. I’m also willing to work for minimum wage of $7.25 an hour, which gives a raise of $1.50 an hour.
Well, that means I am less likely to be a victim of discrimination, so I will be in a better position to get a better salary, but I may also be less willing to work for less money.
This is a common problem. Some people can make more money doing less work than they could if they had a full-time job—that’s called comparative advantage. But it just doesn’t pay off. I’ve seen it a lot in Silicon Valley and other tech fields. People who have always been in a position of power are able to take advantage of the lack of competition.
This is where comparative advantage calculators come in, where you make a very simple calculation about how much you are willing to work for, and then assign a value based on your relative circumstances. The best ones look at both your income and your ability to support yourself. For instance, if you are 30 years old and make $100,000 a year, you can’t afford a full-time job so you need to work part time.
The calculator is made by Econ-Labs and is called the “comparative advantage calculator.” When you do the calculation you will be shown the value of your situation. It’s very simple to use, and you can even customize it to show relative salary, how much you make each week, and what your net worth is.
Its a great tool, but not very useful. It only gives you a snapshot of the situation. In addition, it doesn’t take into account your work schedule. If you’re not working, that will affect your ability to eat. It also doesn’t take into account the time you invest in your hobbies and activities.
Even the most basic of comparative advantage calculators can be pretty daunting, and I wouldn’t recommend using one. The reason is that the data that is shown is pretty limited. If you do, however, you can look at the data and see that if you’re a top executive at a company, you are almost certain to make more money than those who are employed part-time. Its also a good way to keep your net worth up.
The most basic comparative advantage calculator shows that you can be the richest man in the world by being a single parent and earning $1 million per year. If you are in a position to become the CEO of a company, you are more likely to have a net worth of more than $500,000 per year, but that won’t be the case unless the company goes public. The data also shows that the average salary for a CEO is $0.9 million.
That is a lot of money to just be a single parent. The vast majority of us are in a position to only make a few hundred thousand a year, but it is really hard to make that much money working part-time. The average full-time salary in the USA is around 3,000 to 4,000 a week. That is a really, really big deal.
