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Microsoft 4-day week boosts productivity and sales

bbc.co.uk

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Re: Microsoft 4-day week boosts productivity and sales

#251
post #246

Earlier quoted context omitted.

I've been thinking lately that half the US could opt out of public healthcare, the rest would subsidize them, and the per-capita cost on the payers would still be less than it is today through private insurance.

I am actually not opposed to some kind of national health program, but the supply problem (and therefore the price problem) needs to be addressed first. Partially socializing what we have today will only make things worse. Proponents of national healthcare always say that it will lower costs, but unless the government seizes control of everything, doctor salaries, hospital employee pay, etc. cost will never go down.…

I tend to agree, thank you for your thoughtful points.

Another thought I've been having is that since medicine is the epitome of a good with inelastic demand, then the government could/should impose rather strict laws about profiteering. For example, maybe a drug could only cost double what a university can synthesize it for, or a minimum of 3 manufacturers would make any drug sold in the US (to ensure healthy competition), or the government could provide generic options for all drugs (as a price stabilizer), something like that. So insulin would essentially be free, and the hepatitis C cure might be substantially cheaper, for example.

I realize that this might lead to problems with drug research costs. But, that's really what we should really be talking about here. Separating research cost to some degree from profit in their distribution. And spreading those costs globally somehow so that they don't fall mostly on the US.

Maybe incremental measures like these could be adopted over a 5 or 10 year period until private insurance costs are more in line with the public option cost in other countries, and then states could offer insurance plans. Once about 50% have done that, the programs could be made federal. We could still keep private insurance for those who want it, like in many European countries.

To be honest, I am personally against these incremental approaches because I have doubts that they'll be adopted, but, you're right that it's a complex issue so I'm open to ideas and hope we can get past the political disfunction and get back to helping people.

Re: Microsoft 4-day week boosts productivity and sales

#252

Earlier quoted context omitted.

Do you mean that you don't expect the gains of investment to offset the losses from inflation? Because I would find that surprising. $3M is a lot, typically the rule of thumb is that you need 25 years worth of living expenses to be financially independent. That means you expect to spend $120k yearly? That's up to you of course but that fits exactly in what I said about choosing how much you spend. My monthly expenses…

The gains of investment can offset the losses from inflation, yeah, but I'd also be drawing down. The problem is that I might live longer than 25 years and I might not be able to work by that point. I checked my math again with https://www.firecalc.com/ I would need about $50k/yr in expenses at present (adjusted for inflation in the future). If I'm planning for 50 years out, that means I need a portfolio of about $1.…

5 more years of work to then have $30k/yr to spend basically indefinitely seems pretty good to me. Sounds to me like you can cut down on the pills and relax a bit ;) But yeah I get what you're saying about medical catastrophe.

Re: Microsoft 4-day week boosts productivity and sales

#253

Earlier quoted context omitted.

I am overwhelmingly more productive and valuable now as a specialized, highly educated, experienced engineer than I would have been as a subsistence farmer. As a result of my efforts and the efforts of the rest of society, I have a much higher standard of living. However, I can't truly pick when I want to work. There are no jobs in my area that pay 80% of my current rate for the same task done 4 days a week. If a job…

>I am overwhelmingly more productive and valuable now as a specialized, highly educated, experienced engineer than I would have been as a subsistence farmer. I've got some news for you, many manual labor jobs aren't just picking up a shovel and digging a hole or picking up a box and setting it back down. Your first sentence, to me, reads "I'm more valuable than you because I know thing, so I want more resources for l…

Sorry, I didn't mean at all to suggest that I am a better person or have greater intrinsic value as a sentient being. My economic output is entirely decoupled from those moral or ethical concepts.

I was only saying the engineer version of myself adds greater resources to an economy than a hypothetical hunter-gatherer version of myself - who, being myself, obviously has equal moral worth.

Re: Microsoft 4-day week boosts productivity and sales

#254

Earlier quoted context omitted.

I invite you to go work full time at your local big box store. Especially in Building Materials. Or Flooring perhaps. Yes, alot of retail is "hurry up and wait" on the front end, but in other departments there's literally tons of work that happens throughout the day and you'll never notice it if you're not there 40 hours a week.

Then we agree; hours worked in a job like that directly correlates to production or a butt in the seat is required at all times.

No, you statement was that "Many jobs are "warming a chair". Pretty much all of retail and service jobs."

Actually talking and helping customers isn't "warming a chair" any more than loading lumber or unloading appliances or working up quotes for custom orders.

Re: Microsoft 4-day week boosts productivity and sales

#255
Japan Microsoft * 2018/06 => 2019/06 Sales +32% * Operational profit & profit ratio is worse y by y. 2018/06 => 2019/06: -26%

Selling products by low price is meaningless. Productivity should be measured by profit per employee, not sales per employee.

https://gurafu.net/jpn/microsoft-jpn

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