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I will cite your statement "money is merely a proxy for utility" because that makes utility a suitable proxy for money, and you agree to that. To expand on my
by fsckboy 6y ago
I will cite your statement "money is merely a proxy for utility" because that makes utility a suitable proxy for money, and you agree to that.
To expand on my original point and a statement I made elsewhere, to make it more palatable to people who want to object to it: I'm just talking about definition here; I'm not changing your ideas about greed, or distribution of wealth or sustainable wages. Adopt the definiton I gave, and then say what you want about those other things, and you'll make more sense, or understand why you're failing by your own standards.