This is the lens through which von Neumann and Morgenstern saw all of human behavior, and their "rational" economics has been hugely influential in public policy. I use scare quotes because I disagree that the approach is rational -- many things in life can't be measured in dollars, not even dollars! (E.g. you can't compare a dollar today with a dollar ten years from now. Regardless of your discounting strategy, that money is going to mean something different to you in ten years.)
Your position is a great example of this phenomenon -- there's not really any amount of money that can compensate for a lack of inspiration at work. You might be willing to give up on interesting work for enough dollars, and the rational economist would say that this is the measure of how valuable interesting work is. But there's a long history of studies, notably by Kahneman and Tversky among many others, showing that framing human motivation this way leads to all sorts of paradoxes.
So yes, we have a strong tendency to measure everything with money -- this outlook is deeply embedded in our economic and political systems -- and it makes people miserable because it's a terrible way to account for human happiness.
"I use scare quotes because I disagree that the approach is rational"
Agreed. For the most part, going to church is not economically rational. For the most part, having children is not economically rational. For the most part, being monogamous to one's spouse is not economically rational. For the most part, patriotism to one's country is not economically rational.
In a slightly different sense, going to space, or colonizing Mars, would all be economically irrational.
I'm wary of a definition of "rational" that tends take all of the things that humans hold dear, and declares much of it "irrational".
This is the lens through which von Neumann and Morgenstern saw all of human behavior, and their "rational" economics has been hugely influential in public policy. I use scare quotes because I disagree that the approach is rational -- many things in life can't be measured in dollars, not even dollars! (E.g. you can't compare a dollar today with a dollar ten years from now. Regardless of your discounting strategy, that money is going to mean something different to you in ten years.)
Your position is a great example of this phenomenon -- there's not really any amount of money that can compensate for a lack of inspiration at work. You might be willing to give up on interesting work for enough dollars, and the rational economist would say that this is the measure of how valuable interesting work is. But there's a long history of studies, notably by Kahneman and Tversky among many others, showing that framing human motivation this way leads to all sorts of paradoxes.
So yes, we have a strong tendency to measure everything with money -- this outlook is deeply embedded in our economic and political systems -- and it makes people miserable because it's a terrible way to account for human happiness.