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Joined 2 years ago
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Cake day: June 12th, 2023

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  • I wish this comment had more upvotes.

    In the matter of reforming things, as distinct from deforming them, there is one plain and simple principle; a principle which will probably be called a paradox. There exists in such a case a certain institution or law; let us say, for the sake of simplicity, a fence or gate erected across a road. The more modern type of reformer goes gaily up to it and says, “I don’t see the use of this; let us clear it away.” To which the more intelligent type of reformer will do well to answer: "If you don’t see the use of it, I certainly won’t let you clear it away. Go away and think. Then, when you can come back and tell me that you do see the use of it, I may allow you to destroy it.

    However it is a one sided approach. Sometimes there must also be an answer to “If you don’t see the use of keeping it, I won’t let you”, e.g. radical mastectomy, conservatism.














  • If we only consider the monetary value, both “briefs” have the same value. Otherwise if we incorporate utility theory with a concave bounded utility curve over the monetary value and factor in other terms such as ease of payments, or weight (of the drawn money) then the “worth” of the 100 dollar bills brief could be greater for some people. For me, the 1 dollar bills brief has more value since I’m considering a potential tax evasion prosecution. It would be very suspicious if I go around paying everything with 100 dollar bills, whereas there’s a limit on my daily spending with the other brief (how many dollars I can count out of the brief and then handle to the other person).