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At that point in the link they're going over counter-arguments to the standard line. Anyhow, I agree marginal utility is well understood by economists, just di
by ericb 19y ago
At that point in the link they're going over counter-arguments to the standard line.
Anyhow, I agree marginal utility is well understood by economists, just disagree that that is the standard way dollars themselves are viewed in classic economic theory. And perhaps I over-reached when I built my straw economist.