4 ms·
It’s just a choice of what metric of scarcity to use. Financial or time. Time is arguably more equal and since it’s not a strictly economic good like controllin
by chrisbrandow 4y ago
It’s just a choice of what metric of scarcity to use. Financial or time. Time is arguably more equal and since it’s not a strictly economic good like controlling traffic in the city, it’s not a worse way to do it.
- worik 4y ago> It’s just a choice of what metric of scarcity to use. That is an analysis by choice. There are other ways of looking at the world, and at economics, than "measure everything". The "metrics" methods of analysis are useful, but insufficient. Human dignity/happiness cannot be measured, and from the evidence of this New Yorker piece, it is both that the writer is getting from the allotment.