tag:blogger.com,1999:blog-1740670447258719504.post6318209964168998489..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: This is why I could care less about problems with interpersonal utility comparisonsEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1740670447258719504.post-51395371941658541112012-05-25T09:30:04.047-04:002012-05-25T09:30:04.047-04:00Unlearningecon, we also have to put up with the Am...Unlearningecon, we also have to put up with the Americans and their "New Normal".... http://www.telegraph.co.uk/finance/alex/?cartoon=9273767&cc=9237560Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-36686913387621146072012-05-25T06:22:37.545-04:002012-05-25T06:22:37.545-04:00"let's just assume a more consistent util..."let's just assume a more consistent utility function for everyone, (because screw Felix) and figure out what maximizes that"<br /><br />The way I look at it we want a society that can supply people the proven tools to be happy at low cost. But, we can take no responsibility for whether any particular individual is happy or not.<br /><br />In economics the problem with the "consistent utility function" for everyone approach is that it is effectively assumed for market goods. If we're not careful we don't take into account of the fact that some people value market and non-market good differently.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-8226479590602410752012-05-25T03:31:02.361-04:002012-05-25T03:31:02.361-04:00"This is why I could care less"
I'v..."This is why I could care less"<br /><br />I've never understood why some say this. If you 'could' care less then you at least care a little bit. David Mitchell is also confused:<br /><br />http://www.youtube.com/watch?v=om7O0MFkmpwUnlearningeconhttps://www.blogger.com/profile/13687413107325575532noreply@blogger.com