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> Yachts and fancy cares are the best industry in the world for resources to go You're doing a trick of pretending that an example that's been successfully cou
by robertlagrant 3y ago
> Yachts and fancy cares are the best industry in the world for resources to go
You're doing a trick of pretending that an example that's been successfully countered wasn't just an example, but the only thing in question. Obviously CEOs spend on various things, as do we all.
> in order to maximally spur overall economic innovation and productivity
If I buy a Mars Bar I'm not putting my money into what's going to maximally spur overall economic innovation and productivity. You're creating a ludicrously high bar for their spending, that you're now pretending is all on yachts and cars, to clear - one which most people's spending also wouldn't clear, if we even knew what would clear it.