Should everyone earn their pay rise?

Mozart and Haydn were composing string quartets a quarter of a millennium ago, when the industrial revolution was in its infancy. Since then, the scale of the world economy has increased at least a hundredfold and material living standards in western Europe have grown 20 times over, perhaps more. Our ability to travel, build, calculate, communicate or simpl

https://timharford.com/2024/10/should-everyone-earn-their-pay-rise/

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Should everyone earn their pay rise?

Mozart and Haydn were composing string quartets a quarter of a millennium ago, when the industrial revolution was in its infancy. Since then, the scale of the w

Tim Harford
@TimHarford
Apt when talking about "earn their pay rise"
Both were famous and respected, yet Mozart died in penury, Joseph Hadyn had royal patronage.
IMHO little has changed over the centuries 😢