Then again if you are doing micro tasks for many different people you are likely to be “self employed” doing extremely short term fixed contracts, and would self assess. In UK there is no tax to pay for the first £12k so the lowest rung would be exempt.
...then you are probably under some sort of common law casual employment and therefore whoever is paying you is liable to pay employers’ NI in the UK / whatever taxes apply in that country.
I’m not sure. I suspect that the legal definition changes depending on things like frequency. When you ask “where does your income come from” and you say “mostly micropayments from doing x for y” ...
Crediting @145 for inducing this thought.
An employee is defined under an employment contract, I believe.
Minimum wage laws are well understood to be damaging to the economy.
Interesting questions.
2/2
With BSV, since we can earn $0.01 for doing a simple task, we lower the first rung of the jobs market. Everyone can participate. That’s never been possible before.
1/2
Listening to the CG roundtable I just realised something. AI and UBI are often touted as solutions to the increasing level of complexity in the workplace. What do the bottom 10% do?
hehehe alright. Who renamed the icons folder?? 😅 @1
Daniel Schmachtenberger on Sense Making. Fascinating thoughts from someone who looks like Plato.
Learning today about the hard problems of the information ecology.
Truthful ==> True ==> Representative
important distinctions.
Imagining:
Resources
Producers
Consumer Satisfactions
Menger realised that causation was not top down, but rather is bottom up.
It took academics in the “Austrian school“ decades thereafter to properly articulate that, and what we ought to therefore do
Paraphrasing:
Menger in 1871 glimpsed the revolutionary thought, that rather than resource availability alone driving the value of production, but that consumer satisfaction (demand) is what determines the value of all production and therefore an economy.
Taking responsibility for answering a question I didn’t truly know the answer to on several occasions, here is the correct answer to The Question: What exactly is Austrian Economics?
If you have an hour long chore you need to get done, I highly recommend putting this in your ears as you do it:
