40 Hour Work Week In Peril?

**Jaybar** · 2013-05-15 10:46

How do you place value on education? By how much money you will make with it once you get out of college? How sophomoric. We aren't even prepared for this argument and it should be left for another thread, in my opinion.

**test123** · 2013-05-15 11:05

There is no "value on education". There is market demand for different learned skills. If there is a high supply of doctors then their salary will decrease and that sends an important signal to young people. If you interupt these signals you end up with way too many doctors. And then you got a bunch of doctors protesting and demanding Gov for salary subsidies... Oh wait.

**Restrat** · 2013-05-15 11:13

it's not like the AMA limits the number of doctors so that can never happen.. oh wait.

**kuronosan** · 2013-05-15 12:18

Lol.... test talking about medicine....

**Ksandra** · 2013-05-15 12:25

I could actually kinda see this working "well" for someone that has a similar job situation as my husband. (if it game time and a half as well)

His hours are fuck all crazy. He's currently working 70+ hours a week (others in his company work more than him, but he had to put his foot down on getting saturdays off so he could watch our daughter while I work). But that's crunch time. It can dip to 32 hours, and then sometimes forced unpaid vacations when there is no work. Those unpaid vacations usually only last about a week. But if the company let them off for say a month or two (usually dead time is in the summer/early fall), then that would give workers time to get contract jobs.

Don't get me wrong, though. This bill scares me. There are too many ways this thing could be abused, and my husband's situation is not a common one.

**Xajii** · 2013-05-15 13:07

Originally Posted by Ksandra

He's currently working 70+ hours a week

no he's probably just getting some on the side

**test123** · 2013-05-15 18:03

Originally Posted by Restrat

it's not like the AMA limits the number of doctors so that can never happen.. oh wait.

doctors was just an example, you might aswell use teachers. Regulation can go both ways, causing too few doctors or too many. Supply of doctors, laws that squeeze insurance policies between the patient and the doctor, and price fixing of services is the root of the health care problem in the US. Had the free market been allowed to operate there would be no health care problem of this magnitude.

**kuronosan** · 2013-05-15 18:12

Originally Posted by test123

doctors was just an example, you might aswell use teachers. Regulation can go both ways, causing too few doctors or too many. Supply of doctors, laws that squeeze insurance policies between the patient and the doctor, and price fixing of services is the root of the health care problem in the US. Had the free market been allowed to operate there would be no health care problem of this magnitude.

Oh I would love to hear more about this.

**BaneTheBrawler** · 2013-05-15 19:00

Originally Posted by test123

Had the free market been allowed to operate there would be no health care problem of this magnitude.

you're right, everyone would just work for one of the megacartels until they keeled over from whocaresitis and were replaced by the next peon in the queue.

**Pirian** · 2013-05-15 19:21

Originally Posted by test123

doctors was just an example, you might aswell use teachers. Regulation can go both ways, causing too few doctors or too many. Supply of doctors, laws that squeeze insurance policies between the patient and the doctor, and price fixing of services is the root of the health care problem in the US. Had the free market been allowed to operate there would be no health care problem of this magnitude.

You are an idealistic fool with no basis in economic reality and whose knowledge of economic theory doesn't go much beyond the introductory level. I'll give that you do have a very basic understanding of economic theory, but you're trying to apply those basic principles to a complex reality in which they were not developed to explain.

**Drex** · 2013-05-15 20:53

Originally Posted by Jaybar

How do you place value on education? By how much money you will make with it once you get out of college? How sophomoric. We aren't even prepared for this argument and it should be left for another thread, in my opinion.

1) In the context of college it's irrelevant because very little of what they learned was not available for free elsewhere. College is only selling education in the marketing materials; they really sell club memberships.

2) In general, by the value society gets from them as a result of that education. Difficult to quantify, but I don't need to count hours and cents to recognize that a barista with a bachelor's is not getting his money's worth out of his club membership, nor providing society with the value expected from 20+ years of teachers , tax dollars, and textbooks.

(Bearing in mind where I am I guess I have to specify that it also is often not his fault)

**Drex** · 2013-05-15 21:03

Originally Posted by Waraji

The problem with that is, that it still costs(less profits) about the same to teach Fine Arts as Accounting, assuming broader same credit hours etc. I concede the point that both are drastically different in terms of return for the student, but there is still a cost associated with it. I fail to see the appeal for these degrees in today's technologically developing world.

The connection between tuition and cost of providing education is basically 0, especially when you consider potential efficiencies that are ignored because the school can just raise prices and keep being inefficient.

**Dimmauk** · 2013-05-15 22:00

Originally Posted by test123

Had the free market been allowed to operate there would be no health care problem of this magnitude.

WTF?!

**Plow** · 2013-05-16 01:10

Originally Posted by Drex

1) In the context of college it's irrelevant because very little of what they learned was not available for free elsewhere. College is only selling education in the marketing materials; they really sell club memberships.

2) In general, by the value society gets from them as a result of that education. Difficult to quantify, but I don't need to count hours and cents to recognize that a barista with a bachelor's is not getting his money's worth out of his club membership, nor providing society with the value expected from 20+ years of teachers , tax dollars, and textbooks.

(Bearing in mind where I am I guess I have to specify that it also is often not his fault)

Originally Posted by Drex

The connection between tuition and cost of providing education is basically 0, especially when you consider potential efficiencies that are ignored because the school can just raise prices and keep being inefficient.

aaaand this is the conclusion most people come to after years and years in an "education" system where we refuse to pay for quality teachers

one in a million people might be able to get the same benefit from watching MIT lectures on youtube as actually developing relationships with MIT professors, 999,999 would never come close

**kuronosan** · 2013-05-16 09:59

And a bitch ain't one.

**Plow** · 2013-05-16 10:48

In seriousness, a lot of people think the difference in going to one of the top notch schools is simply in the connections you can make.

While that's definitely a difference, the more valuable to society difference is that those places can afford to pay people that are incredibly talented and experienced in their fields and want to help other people learn. While you luck into that on occasion in your basic state school, they're few and far between. Not many major publics are Purdue engineering school.

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