4 ms·
Nothing against Musk, but the specific notion that this proportion of value to wealth is "efficient" seems stupendously backwards. Though I agree that welfare i
by happytoexplain 6y ago
Nothing against Musk, but the specific notion that this proportion of value to wealth is "efficient" seems stupendously backwards. Though I agree that welfare is also not efficient, but only if the goal is solving the problem of suffering and poverty. However, welfare has a second, shorter term function: Necessity.