You agreed with the goodness of the outcome, which is close enough in this context.
but it is clear that they will generally use the money more efficiently. That’s in fact why we often have guardians who handle the finances of the mentally challenged.
And every one of these guardians is capable of duping their wards of all (rather than their permitted portion of) the money they might earn at jobs and such. We don’t let them do that, though. Because that would be wrong. Yes, even though they can find better places to spend the money.
How can you not see the difference between defrauding someone out of their money, and selling something they want and describing correctly and clearly what you are selling to them?
Differences in belief make the world go round. They are a feature of the human group-mind, a way fo that group mind to try many MANY hypotheses and many MANY policies and see how well they work out. The entire part of investing which consists of traders trading against other traders consists of each side exploiting what they think are the delusions and errors of the other side. The net effect of having these markets is that capital is moved towards more efficient uses.
Meanwhile, if I want to pay a cryogenics expert to freeze me even if she isn’t getting herself frozen because she thinks it is stupid and that I am wrong, then that is my business and her business, and it would take quite a butt-insky to get between us in that transaction.
You agreed with the goodness of the outcome, which is close enough in this context.
Er no. I said that the resources would be better used. That may have been poorly phrased. Whether the resources will be used more efficiently doesn’t mean that we let one do it, mainly because there are negative secondary effects from letting people just take resources from each other when they think it will work better and also because we have deepseated notions of property rights as a separate moral good.
You agreed with the goodness of the outcome, which is close enough in this context.
And every one of these guardians is capable of duping their wards of all (rather than their permitted portion of) the money they might earn at jobs and such. We don’t let them do that, though. Because that would be wrong. Yes, even though they can find better places to spend the money.
How can you not see the difference between defrauding someone out of their money, and selling something they want and describing correctly and clearly what you are selling to them?
Differences in belief make the world go round. They are a feature of the human group-mind, a way fo that group mind to try many MANY hypotheses and many MANY policies and see how well they work out. The entire part of investing which consists of traders trading against other traders consists of each side exploiting what they think are the delusions and errors of the other side. The net effect of having these markets is that capital is moved towards more efficient uses.
Meanwhile, if I want to pay a cryogenics expert to freeze me even if she isn’t getting herself frozen because she thinks it is stupid and that I am wrong, then that is my business and her business, and it would take quite a butt-insky to get between us in that transaction.
Er no. I said that the resources would be better used. That may have been poorly phrased. Whether the resources will be used more efficiently doesn’t mean that we let one do it, mainly because there are negative secondary effects from letting people just take resources from each other when they think it will work better and also because we have deepseated notions of property rights as a separate moral good.
Understood. Try not to change topics next time.