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It sounds more morally acceptable to say, "The optimum level of anti-fraud enforcement does not eliminate all fraud." It's not that there's a nonzero amount of
by JasonFruit 4y ago
It sounds more morally acceptable to say, "The optimum level of anti-fraud enforcement does not eliminate all fraud." It's not that there's a nonzero amount of fraud that is optimal — all fraud is bad — but rather that the return on efforts to eliminate the last bit of fraud is negative.
- no_identd 4y agoI wouldn't even go as far as saying "level of anti-fraud enforcement", because "anti-fraud enforcement" ain't exactly formally well defined
- JasonFruit 4y agoWell, I needed some noun. Any recommendations?
- solveit 4y agoThe optimal number of terms to "formally well define" is pretty damn close to zero in an HN comment. Ignore that guy.