Thursday, September 11, 2014

Rita Hammer, Chapter 1, Question 6

A passage that struck me as significant was when Wheeler says, "Small differences in talent tend to become magnified into huge differentials in pay as a market becomes very large." Wheeler compares this statement with a professional basketball player, and how their talent can't earn them millions more than someone who has similar or almost equal talent. This passage struck me because it puts my future into perspective in a sense that individuals will be expected to have more knowledge and skill as we become more innovated as a society. This idea creates significant competition as people try to pursue their ideal careers. The more you have to offer, the more valuable you are to an employer, making them want to hire you before the other x amount people in line. This idea effects our future as it pertains to how well we are succeeding right now in school, sports, etc. It's nerve-racking, the idea of being good but not good enough, yet disciplining in a way that it pushes us to become better, later benefiting society as a whole.

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