4 ms·
Okay Tina. (In the words of Margaret Thatcher, there is no alternative.) What are some non-money ways to value what we do for each other?
by meristohm 2y ago
Okay Tina.
(In the words of Margaret Thatcher, there is no alternative.)
What are some non-money ways to value what we do for each other?
- AnthonyMouse 2y agoYou're asking a philosophical question about what is still fundamentally an economics problem. Suppose we have a program which is saving lives for $50M each. There are other ways to spend the money that would save lives for $10,000 each. If we have $50M, should we save one life or 5000? This is not an academic trade off, it's what actually happens whenever the government allocates money to something with poor cost/benefit because there actually are ways to save lives or do other highly valuable things for even less than that amount of money and we don't have unlimited resources.