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This is rare on the Internet nowadays, but I totally agree with everything you say. I often annoy economists by pointing out that due to the diminishing margina
by jonathanstrange 7y ago
This is rare on the Internet nowadays, but I totally agree with everything you say. I often annoy economists by pointing out that due to the diminishing marginal utility of money any transfer of money from the rich to the poor increases overall utility. They don't like that at all. :)
- pas 7y agoI thought mainstream economists are/were fully on board with that. :o