Old topic, different look, maybe (Money = work/knowledge )

  • Thread starter Thread starter Alex_Go
  • Start date Start date
  • Tags Tags
    Money Topic
Click For Summary
SUMMARY

The discussion centers around the equation Money = work/knowledge, challenging the notion that less knowledge equates to more money. Participants argue that increased knowledge leads to better financial outcomes, emphasizing the importance of understanding the relationship between work and knowledge. The conversation references the mixing of concepts, likening it to a mathematical approach involving vector spaces. Ultimately, the thread concludes that the initial premise is flawed and reiterates that knowledge enhances financial stability.

PREREQUISITES
  • Understanding of basic economic principles
  • Familiarity with the concept of value in labor
  • Knowledge of mathematical concepts related to vector spaces
  • Awareness of philosophical discussions on knowledge and power
NEXT STEPS
  • Research the relationship between education and income potential
  • Explore the implications of knowledge economy on job markets
  • Study mathematical modeling of economic theories
  • Investigate philosophical perspectives on knowledge and power dynamics
USEFUL FOR

Economists, educators, financial analysts, and anyone interested in the interplay between knowledge and economic success.

Alex_Go
1. Time is money
2. Knowledge is power
3. Power = Work/time

Therefore;

Money = work/knowledge

"which proves the less you know, the more money you get. " seems like a wrong conclusion
shouldn't it be [...] which proves the more you know, the more money you get to keep, instead?
I mean, there's always someone out there to get you, and not all work is a positive number, so...
 
Last edited by a moderator:
Physics news on Phys.org
You are mixing apples and oranges, so naturally your conclusion is bananas
 
  • Like
  • Haha
Likes   Reactions: Wrichik Basu, Evo, Bystander and 7 others
Sounds like something formulated by Dr. Abbot and Professor Costello.

--diogenesNY
 
  • Like
Likes   Reactions: Wrichik Basu, Evo, russ_watters and 1 other person
phinds said:
You are mixing apples and oranges, so naturally your conclusion is bananas

I know how to do this! Find a set of apples and oranges. Take the free vector space on this set of apples and oranges. Now apples and oranges can be mixed, i..e, it is possible to take linear combinations of apples and oranges.
 
  • Like
  • Haha
Likes   Reactions: Wrichik Basu, weirdoguy, Evo and 1 other person

Similar threads

  • · Replies 4 ·
Replies
4
Views
1K
  • · Replies 13 ·
Replies
13
Views
13K
  • · Replies 15 ·
Replies
15
Views
2K
  • · Replies 41 ·
2
Replies
41
Views
4K
  • · Replies 28 ·
Replies
28
Views
3K
  • · Replies 14 ·
Replies
14
Views
3K
  • · Replies 1 ·
Replies
1
Views
2K
Replies
68
Views
12K
  • · Replies 7 ·
Replies
7
Views
2K
  • · Replies 10 ·
Replies
10
Views
4K