u/Intu1t1on

This might be a stupid question, but I still want to ask it and hear educated opinions. I have been thinking about economic model where 1 hour of work pays 1 currency, no matter what work you do. In this model the prices of everything should adjust to the wages, right? Everyone would have the same amount of money to choose where to put it, so things would not be out of reach for anyone.

One argument I heard is why anyone would do harder jobs like being a doctor if it pays the same. I think this is a weak argument, because it assumes that if you go to medical school to interview students, everyone would say the reason for them being there is money. Which obviously is not the case, humans can have multiple, complex motivations in pursuing a career. Status, passion, strenghts and interests all play a role.

Would this kind of economy work? Why or why not?