There are a lot of legal perks to working in a job like Jason is doing, at a high-frequency trading firm, which I suspect allow the workers there to capture quite a lot more of the wealth they produce than the average worker.
Not to mention, he can give a hell of a lot more than 5-10% of his money to charity. Julia Wise and her husband both spend more of the money they earn on charity than on themselves, and Jason Trigg is in a position to earn a lot more money. The amount he has to spend on himself doesn’t scale accordingly.
Oh, I understand that. I’m talking about the general principle of “the best way to do good is to earn as much as you can and give more to charity”, which seems to be the default idea around here of how to do good. Most people are not going to give 90% of their income to charity.
Even if you did, though, I still think you also have to take into account the other value created by your job, which is probably significantly greater then your salary itself.
There are a lot of legal perks to working in a job like Jason is doing, at a high-frequency trading firm, which I suspect allow the workers there to capture quite a lot more of the wealth they produce than the average worker.
Not to mention, he can give a hell of a lot more than 5-10% of his money to charity. Julia Wise and her husband both spend more of the money they earn on charity than on themselves, and Jason Trigg is in a position to earn a lot more money. The amount he has to spend on himself doesn’t scale accordingly.
Oh, I understand that. I’m talking about the general principle of “the best way to do good is to earn as much as you can and give more to charity”, which seems to be the default idea around here of how to do good. Most people are not going to give 90% of their income to charity.
Even if you did, though, I still think you also have to take into account the other value created by your job, which is probably significantly greater then your salary itself.