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Re:Time is the only real currency we have by jessriedel on Saturday April 25, 2020 @10:41AM (#22978444)
You're using "energy" as a pseudoscientific gloss. A human being provides an extremely meager amount of energy in the physics sense of the word. That energy could be purchased much more cheaply. The economic value of human labor is more closely tied to human intelligence/dexterity.

More reasons to think your comment is more about making the reader feel the insight is deep: there are other important conserved quantities in physics like charge; shouldn't that play a foundational role in economics if your analysis was correct? Will you next say that business leadership is really about "taking charge"?

Re:Time is the only real currency we have by dang on Saturday April 25, 2020 @02:26PM (#22980101)
Please edit acerbic swipes out of your posts to HN. Your comment would be just fine without the swipey bits at the start of each paragraph.

https://news.ycombinator.com/newsguidelines.html

Re:Time is the only real currency we have by jessriedel on Saturday April 25, 2020 @07:18PM (#22982531)
I can't edit my comment any longer, and I appreciate the rope of moderators in maintaining civil discourse, but for the record I stand behind my use of the term "pseudoscientific". The comment I critiqued uses the trappings of science but not the content.

I also purposefully did not insult the commenter's character, but restricted my reply to the comment itself.

Re:Time is the only real currency we have by kzrdude on Saturday April 25, 2020 @11:43AM (#22978917)
> You're using "energy" as a pseudoscientific gloss. A human being provides an extremely meager amount of energy in the physics sense of the word. That energy could be purchased much more cheaply. The economic value of human labor is more closely tied to human intelligence/dexterity.

Indeed humans provide very little energy. I've always used this to understand the value of oil to our society. Value, not the current price! :)

A barrel of oil fed into a machine can replace the work of hundreds of laborers. In this perspective, oil is ridiculously cheap, alternatively viewed, it provides us with a lifestyle that is luxiurious and some feats that are otherwise impossible (transoceanic flight).

Re:Time is the only real currency we have by seventytwo on Saturday April 25, 2020 @12:13PM (#22979129)
No I’m not. I’m talking about energy quite literally. The chemical energy in food is converted into work output. Of course there are more efficient ways to harness energy, but not to power a human body. We use those more efficient method where we can, hence automation and machinery and tools. This is all reflected in the abstraction layer of money.
Re:Time is the only real currency we have by jessriedel on Saturday April 25, 2020 @12:22PM (#22979184)
You are. You said

> The most common trade is when a person can trade their time and their body’s energy.

They are not "trading their body's energy". They a performing a task which requires innumerable inputs, among them energy, vitamins, oxygen, correct ambient temperatures, training, tools, etc. Energy has a preferred fundamental status in physics but it does not have such a status in this economic transaction. There is no reason to emphasize over any of the other inputs. You are bringing it up because of the aura attached to it in in physics.

Re:Time is the only real currency we have by adamsbriscoe on Saturday April 25, 2020 @01:55PM (#22979845)
> You are bringing it up because of the aura attached to it in in physics.

I didn't get that out of the original comment, and wouldn't presume to apply intent. I think most learned professionals here understand what is meant when they hear or say (for example) "that task took a lot of energy" or "I spent a lot of energy doing xyz..." without having to spell it out in academic terms.

Re:Time is the only real currency we have by jessriedel on Saturday April 25, 2020 @07:09PM (#22982474)
Huh? First, look at the context. He's starts with "time", "space", and "energy", and discusses them in the context of the "parameters of the universe". Second, he specifically says in his reply to me he intended to mean the physics concept of ”energy", not the everyday notion as you suggest.
Re:Time is the only real currency we have by elcomet on Saturday April 25, 2020 @11:06AM (#22978663)
I like to think that the human work is to minimize entropy. So the currency would be entropy minimization.
Re:Time is the only real currency we have by jessriedel on Saturday April 25, 2020 @11:56AM (#22979010)
You're relying your intuitive concept of entropy ("disorder"....of things people care about) rather than the actual definition of the thermodynamic concept. Entropy can not be reduced, only produced, and the work people do does not look anything like what you'd do if you were trying to minimize entropy production.
Re:Time is the only real currency we have by kylek on Saturday April 25, 2020 @11:14AM (#22978718)
Hah. You must be new to humans. Ordered destruction is a thing. (Alas, so is chaotic creation. Hail Eris!)
Re:Time is the only real currency we have by nipponese on Saturday April 25, 2020 @11:48AM (#22978954)
Usually it performed to add the concept of risk to scenarios where people think there is no consequence for squandering said currencies.