Re:Nash’s “Ideal Money and Asymptotically Ideal Money” Annot...
by grinnbearit on Tuesday October 06, 2015 @09:59PM
(#10343759)
> Is that the society we want? We get to decide the society we want to live in...It is all about aligning incentives.
Why not? All thats happened so far is that you have produced and provided a free unit of work to the world and deferred consumption. Whether saving towards retirement or holding off for a big purchase I see nothing wrong with it. If that money is never spent, then that work provided was free forever.
Why not? All thats happened so far is that you have produced and provided a free unit of work to the world and deferred consumption. Whether saving towards retirement or holding off for a big purchase I see nothing wrong with it. If that money is never spent, then that work provided was free forever.