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PhilGoetz comments on New Year's Predictions Thread - Less Wrong
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Comments (426)
You must specify disproportionately high, or disproportionately low.
I thought disproportionately high went without saying (but then I would with a confidence level that high wouldn't I?)
A declaration of war, curtailment of liberties, or other expenditure of resources more than ten times the loss of resources (including life, which is not priceless) it tries prevent.
Is there a standard method for assigning a numerical value to liberties?
The money those people would pay to avoid the loss of liberty, had they the option.
That's a valid measure, but it would require a fairly complicated study to actually get a value for it.
And it's complicated by loss aversion.