Monday, 4 October 2010

Work and money

We had our annual reunion of University friends this last weekend - this time it was in Brussels and we enjoyed the city and the great Belgian food. Have I ever mentioned that Belgian food is one of my favourite foods in the world? Not as "queeny" as French food but much more refined than Dutch or German food. Just perfect.
Anyway, it was interesting to catch up with everybody and our careers have taken very different paths. Some of us have been very successful job-wise with matching salaries, whereas some others also have nice jobs but with much lower pay, mostly because they work as teachers and University professors.
I am good friends with the wife of one of my Uni friends and she was complaining that her husband works too many hours ("every evening") and she is worried about his health. She also told me he earns half a million euros per year which was more than I would have guessed. They have a nice house and two cars - however, I don't think their lifestyle is much different from mine. I think I wouldn't want to swap places with him and work 80 hours a week - after all, we are economists and we know the marginal utility of money is small after a certain level.

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