An Economic Model of the Unconventional Life
Let’s start by defining our terms. I think we can more or less agree on the following definition of a remarkable life:
A remarkable life is one in which: (1) you do something meaningful that you enjoy; (2) you have a flexible schedule that you control; and (3) you earn recognition and good (enough) compensation.
The question at hand is how one constructs such a life. My argument is that this outcome can be understood as a reward. That is, society will reward you with a remarkable life if and only if you can offer in return a useful and rare service. This is a basic economic argument: A remarkable life, as defined above, is very appealing and valuable. To earn it, therefore, requires the contribution of something valuable in return.
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