I guess is depends on the kind of work you do (and maybe whether you have ADHD). From my perspective, yes, attention is even more scarce than time or money, because when I get home from work, it feels like all my “thinking energy” is depleted, and even if I could somehow leverage the time or money for some good purpose, I am simply unable to do that. Working even more would mean that my private life would fall apart completely. And people would probably ask “why didn’t he simply...?”, and the answer would be that even the simple things become very difficult to do when all my “thinking energy” is gone.
There are probably smart ways to use money to reduce the amount of “thinking energy” you need to spend in your free time, but first you need enough “thinking energy” to set up such system. The problem is, the system needs to be flawless, because otherwise you still need to spend “thinking energy” to compensate for its flaws.
EDIT: I especially hate things like the principal-agent problem, where the seemingly simple answer is: “just pay a specialist to do that, duh”, but that immediately explodes to “but how can I find a specialist?” and “how can I verify that they are actually doing a good job?”, which easily become just as difficult as the original problem I tried to solve.
I guess is depends on the kind of work you do (and maybe whether you have ADHD). From my perspective, yes, attention is even more scarce than time or money, because when I get home from work, it feels like all my “thinking energy” is depleted, and even if I could somehow leverage the time or money for some good purpose, I am simply unable to do that. Working even more would mean that my private life would fall apart completely. And people would probably ask “why didn’t he simply...?”, and the answer would be that even the simple things become very difficult to do when all my “thinking energy” is gone.
There are probably smart ways to use money to reduce the amount of “thinking energy” you need to spend in your free time, but first you need enough “thinking energy” to set up such system. The problem is, the system needs to be flawless, because otherwise you still need to spend “thinking energy” to compensate for its flaws.
EDIT: I especially hate things like the principal-agent problem, where the seemingly simple answer is: “just pay a specialist to do that, duh”, but that immediately explodes to “but how can I find a specialist?” and “how can I verify that they are actually doing a good job?”, which easily become just as difficult as the original problem I tried to solve.