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> it is not a cost, it is a benefit

This has a pretty strong diminishing returns effect.




How so? I don't see any diminishing returns. Pay a living wage for good work, forever.


People derive satisfaction from their labor, but they also derive fatigue, frustration, and dismay from it. There is a reason why people generally demand a for doing non-hobby projects. This means it is, on balance, a cost.




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