#marginalutility — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #marginalutility, aggregated by home.social.
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Rich People's Gain is Worth Less than Poor People's Pain: A new way to think about utilitarianism, courtesy of the #OfficeOfManagementAndBudget
https://doctorow.medium.com/rich-peoples-gain-is-worth-less-than-poor-people-s-pain-6c3631292841
#Utilitarianism #MarginalRevolution #MarginalUtility #IntellectualHonesty #LitmusTests
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Rich People's Gain is Worth Less than Poor People's Pain: A new way to think about utilitarianism, courtesy of the #OfficeOfManagementAndBudget
https://doctorow.medium.com/rich-peoples-gain-is-worth-less-than-poor-people-s-pain-6c3631292841
#Utilitarianism #MarginalRevolution #MarginalUtility #IntellectualHonesty #LitmusTests
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Rich People's Gain is Worth Less than Poor People's Pain: A new way to think about utilitarianism, courtesy of the #OfficeOfManagementAndBudget
https://doctorow.medium.com/rich-peoples-gain-is-worth-less-than-poor-people-s-pain-6c3631292841
#Utilitarianism #MarginalRevolution #MarginalUtility #IntellectualHonesty #LitmusTests
-
Rich People's Gain is Worth Less than Poor People's Pain: A new way to think about utilitarianism, courtesy of the #OfficeOfManagementAndBudget
https://doctorow.medium.com/rich-peoples-gain-is-worth-less-than-poor-people-s-pain-6c3631292841
#Utilitarianism #MarginalRevolution #MarginalUtility #IntellectualHonesty #LitmusTests
-
Rich People's Gain is Worth Less than Poor People's Pain: A new way to think about utilitarianism, courtesy of the #OfficeOfManagementAndBudget
https://doctorow.medium.com/rich-peoples-gain-is-worth-less-than-poor-people-s-pain-6c3631292841
#Utilitarianism #MarginalRevolution #MarginalUtility #IntellectualHonesty #LitmusTests
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This is a startingly progressive change that the Office of Management and Budget is considering/putting into effect (am unclear) to use when making cost-benefit analyses. Under the current system, dollars are counted equally regardless of the income of who gets the benefit. So, for example giving a billionaire a $100 tax break paid for by taking away $100 from a person's SNAP benefits is considered budget neutral.
https://jabberwocking.com/how-much-is-a-dollar-worth-to-you/
1/2
#OMB #MarginalUtility #Economics #Circular4A -
This is a startingly progressive change that the Office of Management and Budget is considering/putting into effect (am unclear) to use when making cost-benefit analyses. Under the current system, dollars are counted equally regardless of the income of who gets the benefit. So, for example giving a billionaire a $100 tax break paid for by taking away $100 from a person's SNAP benefits is considered budget neutral.
https://jabberwocking.com/how-much-is-a-dollar-worth-to-you/
1/2
#OMB #MarginalUtility #Economics #Circular4A -
This is a startingly progressive change that the Office of Management and Budget is considering/putting into effect (am unclear) to use when making cost-benefit analyses. Under the current system, dollars are counted equally regardless of the income of who gets the benefit. So, for example giving a billionaire a $100 tax break paid for by taking away $100 from a person's SNAP benefits is considered budget neutral.
https://jabberwocking.com/how-much-is-a-dollar-worth-to-you/
1/2
#OMB #MarginalUtility #Economics #Circular4A -
This is a startingly progressive change that the Office of Management and Budget is considering/putting into effect (am unclear) to use when making cost-benefit analyses. Under the current system, dollars are counted equally regardless of the income of who gets the benefit. So, for example giving a billionaire a $100 tax break paid for by taking away $100 from a person's SNAP benefits is considered budget neutral.
https://jabberwocking.com/how-much-is-a-dollar-worth-to-you/
1/2
#OMB #MarginalUtility #Economics #Circular4A