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His point, which you failed to address with your smug response, is the well-understood fact that the utility value of money falls greatly, the more money one ha
by listenallyall 4y ago
His point, which you failed to address with your smug response, is the well-understood fact that the utility value of money falls greatly, the more money one has. The utility of 5 billion dollars is essentially zero to someone who already has a billion.
- deleted 4y ago[deleted]
- jimbokun 4y agoThe marginal utility falls, but it's a hell of a lot more than zero.
- listenallyall 4y agoOther than ownership of an NFL/NBA/Premier League/etc sports team, what life satisfaction or happiness improvements are unavailable to a one-billionaire?
- jimbokun 4y agoMany people would love to own a major sports team.