Hacker News new | ask | show | jobs
by kube-system 2 days ago
This calculation is faulty because neglects all of the intangible value.

The reason anyone buys anything other than the minimum clothing, food, and shelter for mere survival is because of intangible value.

Any time you see someone who is not opting to optimize tangible value, it is likely that you are simply failing to observe some intangible value.

> Prove it wrong with numbers not appeals to emotion please.

This is a false dichotomy. Intangible value is not some fallacious appeal to emotion -- it is a real thing that economists overwhelmingly agree exists, but also recognize is difficult to put a number on.