Quote:
Originally Posted by ThirdOfFive
My wife's former hairdresser, back in Minnesota, charged $120 for a cut and color. Took about two hours, so based on that, he could do maybe four in a day. Pretty good money.
A cut-and-color by one of the hairdresser's (female) at Cal's Barber Shop here in TV costs $68.00. Same time spent. Same result.
Is this "fair"?
And why or why not?
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To answer your question, using this scenario this is fair in a free market economy. As we evolve fairness is going to get worse. For example we are loosing GP doctors and other lower specialty doctors at a rapid rate since a lot of doctors are getting advanced certificates and making 5X(and even more) than a GP and there is very little financial incentive for a GP. Had an achilles tendon surgery 10 years ago and doctor was paid $800 for a 1 hour surgery and 3 office visits and he was a specialist. I expected a bill for about $2,000 and would have paid it in a heartbeat if I did not have insurance.