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-   -   Time is Money (https://gfy.com/showthread.php?t=62382)

ADL Colin 05-30-2002 04:04 AM

Time is Money
 
http://www.cnn.com/2002/TECH/science...ney/index.html

This is ridiculous. This professor managed to get this published.

V=(W((100-t)/100))/C, where V is the value of an hour, W is a person's hourly wage, t is the tax rate and C is the local cost of living.

So you take your wages after taxes and divide by a cost of living index to get value per hour. This can be found in a high school economics book.

I had to look and make sure it wasn't printed on Apr 1.

Naughty 05-30-2002 04:09 AM

hmm, is there a standard rate to the cost of living? I'd like to know where I am at here:)

ADL Colin 05-30-2002 04:22 AM

Naughty,

There is only a chart for Britain.

Naughty 05-30-2002 04:37 AM

Quote:

Originally posted by Colin
Naughty,

There is only a chart for Britain.

Go figure :Graucho

s9ann0 05-30-2002 04:57 AM

reading boards is costing me money!

ADL Colin 05-30-2002 05:39 AM

Spanno, old friend.

Shoot me an email. I don't have yours.

[email protected]

Milton 05-30-2002 05:40 AM

ha y eah time is money for sure

ServerGenius 05-30-2002 05:43 AM

only productive time is money.....wasted time costs money

DynaMite


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