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I understood the point he was aiming at. My quibble was with how he was making it. He demonstrates elsewhere at least some sensitivity to the difference between
by prutschman 13y ago
I understood the point he was aiming at. My quibble was with how he was making it. He demonstrates elsewhere at least some sensitivity to the difference between making money doing X as a value and just doing X as the value. Here, though, he very nearly says that, by revealed preference, if you're not monetizing your activity you don't actually care about it.