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by anigbrowl 3249 days ago
This assumes all quality can be expressed on a single scale of economic utility, which is an absurd premise.
1 comments

It can, and has to, if you want to compare different qualities. That's kind of the whole point of putting a dollar figure on something.
And more and more we're finding that that is a terrible basis for policy making, because it's only as good as our ability to quantify things. How much is the love of someone's parents worth, for example? Why can't you buy your dog's affection with money? Putting a dollar figure on everything is a terrible way to organize society.