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Which of these sounds better to you: 1) Starving Alice buys a loaf of bread for 1 dollar and obtains 10 units of happiness. 2) Rich Bob buys a loaf of bread f
by cousin_it 10y ago
Which of these sounds better to you:
1) Starving Alice buys a loaf of bread for 1 dollar and obtains 10 units of happiness.
2) Rich Bob buys a loaf of bread for 10 dollars and obtains 1 unit of happiness.
- icebraining 10y agoThing is, in this case Alice might still be starving because Bob got earlier in line and went home with the $1 price-controlled loaf of bread, having saved the $9 to spend on luxuries.
- jpttsn 10y agoI'm not a utilitarian. If I'm not personally Alice or Bob, I don't care.