4 ms·
In theory. In practice just about every quantitative method or metric used to measure social welfare or individual well being falls back on price. And since our
by naravara 6y ago
In theory. In practice just about every quantitative method or metric used to measure social welfare or individual well being falls back on price. And since our culture has a fetish for positivism and anything that looks like “math” those are the fixed assumptions that guide our decision making.