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For some residents the biggest blow is the whittling away of their “psychic income.”

Now that the theaters of Broadway and other entertainment and sports venues are being shuttered for at least a month, we can begin to reflect not only on the losses in box-office income but also psychic income.

He slashed the budget of the state’s sprawling university system: Faculty members, he said, should accept lower salaries because their work brought them “psychic income.”

In practice, however, many companies appear to have a hard time resisting the urge, as United did, to blur the lines between wages and motivation — to shift from paying workers in cash to paying them with less cash and more psychic income.

We get tremendous psychic income; we have met so many good people through horses.