Yes thanks but I'm not seeing any interesting analysis here beyond the one liners. Why are American employees more productive than in the countries. Better education? Work ethic?
I don't think this is right. I think the compensation difference has more to do with investor money, addressable market, culture etc.
If you go back up this thread you'll find the claim that location increases productivity. If we accept that, and if we accept that people are willing to pay more for higher productivity, well, presto, we've explained why US wages should be higher.
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Yes thanks but I'm not seeing any interesting analysis here beyond the one liners. Why are American employees more productive than in the countries. Better education? Work ethic?
I don't think this is right. I think the compensation difference has more to do with investor money, addressable market, culture etc.
If you go back up this thread you'll find the claim that location increases productivity. If we accept that, and if we accept that people are willing to pay more for higher productivity, well, presto, we've explained why US wages should be higher.
I don't accept the claim though. Oh nevermind!
That's fine, but you seemed confused about how the argument fit together rather than interested in arguing about the claims it's built on.