In such a world we’d presumably already have vocabulary adapted to that situation
Opportunity cost? Spending the money on something prevents you from being able to spend it on anything else, and this fact remains true regardless for whether it “spoils” after an hour or not.
This entire dialogue reads like you and Raemon aren’t disagreeing much on what you expect the world to be like (on the object-level) but you instead have a definitional dispute about whether you are “paying” or “spending” something when you have to deal with a substantial opportunity cost, with Raemon taking the “yes” stance (which agrees with standard economic thinking that thinks of economic profit as accounting profit minus opportunity cost) and you taking the “no” position (which seems more in line with regular, non-economic-jargon language).
This is perhaps due to the fact that the two of you have cached thoughts associated with the label of “spending” more so than with the substance of it.
Right: as I said upthread, the discussion is largely about whether terms like “spending” are misleading or helpful when we’re talking about time rather than money. And, as you point out (or at least it seems clearly implied by what you say), whether a given term is helpful to a given person will depend on what other things are associated with that term in that person’s mind, so it’s not like there’s even a definite answer to “is it helpful or misleading?”.
(But, not that it matters all that much, I think you might possibly not have noticed that Ruby and Raemon are different people?)
(But, not that it matters all that much, I think you might possibly not have noticed that Ruby and Raemon are different people?)
Oh yeah, oops. I saw Raemon made the (at-the-time) most recent comment and that someone whose name also started with R was commenting upthread, so I pattern-matched incorrectly.
Opportunity cost? Spending the money on something prevents you from being able to spend it on anything else, and this fact remains true regardless for whether it “spoils” after an hour or not.
This entire dialogue reads like you and Raemon aren’t disagreeing much on what you expect the world to be like (on the object-level) but you instead have a definitional dispute about whether you are “paying” or “spending” something when you have to deal with a substantial opportunity cost, with Raemon taking the “yes” stance (which agrees with standard economic thinking that thinks of economic profit as accounting profit minus opportunity cost) and you taking the “no” position (which seems more in line with regular, non-economic-jargon language).
This is perhaps due to the fact that the two of you have cached thoughts associated with the label of “spending” more so than with the substance of it.
Right: as I said upthread, the discussion is largely about whether terms like “spending” are misleading or helpful when we’re talking about time rather than money. And, as you point out (or at least it seems clearly implied by what you say), whether a given term is helpful to a given person will depend on what other things are associated with that term in that person’s mind, so it’s not like there’s even a definite answer to “is it helpful or misleading?”.
(But, not that it matters all that much, I think you might possibly not have noticed that Ruby and Raemon are different people?)
Oh yeah, oops. I saw Raemon made the (at-the-time) most recent comment and that someone whose name also started with R was commenting upthread, so I pattern-matched incorrectly.