Time Is Money

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The classic view of employee compensation holds that engineers and scientists can never earn as much salary as business executives and sales people. This theorem can now be supported by a mathematical equation based on the following two postulates:

    Postulate 1: Knowledge is Power.

    Postulate 2: Time is Money.

    As every engineer knows : Power = Work / Time

    Since Knowledge = Power, and Time = Money, we have:

    Knowledge = Work / Money

    Solving for Money, we get:

    Money = Work / Knowledge

    Thus, as Knowledge approaches zero, Money approaches infinity, regardless of the amount of Work done.

Conclusion: The Less you Know, the More you Earn.

---------------A Final Thought ...

"I can’t afford to pay them any other way."

- Andrew Carnegie (1835–1919), U.S. industrialist, philanthropist. In reply to a banker’s question, "How can you afford to pay your men so well?" Quoted in: Burton J. Hendrick, Life of Andrew Carnegie, vol. 1, ch. 15, sct. 2 (1932)