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The further you go in that direction, the more you have to include personal circumstances and values and the less useful it is for general comparison. Of course
by thfuran 7mo ago
The further you go in that direction, the more you have to include personal circumstances and values and the less useful it is for general comparison. Of course, the whole premise of looking at just average net income is a bit odd, so looking at expected quality of life makes more sense anyways.
- jghn 7mo ago100%. To use my daycare example, if someone didn't have kids, they're not realizing any value out of that. So sure, there's an even more nebulous "value to society" concept, but since TFA is trying to get to dollars and cents I was trying to focus it on overall personal value. But even then one needs to not treat tax dollars equally.