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You're still defining it circularly. How much utility does sky diving give? $200 the first time and $20 the second time, apparently. Why did the skydivers pay $
by crdoconnor 11y ago
You're still defining it circularly. How much utility does sky diving give? $200 the first time and $20 the second time, apparently. Why did the skydivers pay $200? Because they got that much or more utility from doing it.
- rejschaap 11y agoMoney is a rather leaky abstraction for utility
- mseebach 11y agoThe sky diving gives you more utility that whatever else you might spend $200/$20 on. Money is mere a neutral medium of exchange. You might rather express it in terms of liking sky diving more than your ability to pay rent for x period, or eating out a number of times, or buying books for your next semester or any number of other things that might cost $200, and that you then can't do if you spend the $200 on sky diving.