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The $1 is relatively more valuable to the worker than the millionaire, but is it more valuable to the economy? I intuitively suspect so, but I don’t know why an
by simonh 5y ago
The $1 is relatively more valuable to the worker than the millionaire, but is it more valuable to the economy? I intuitively suspect so, but I don’t know why and I also suspect intuition could easily lead us astray on this.