CannibalSmith comments on New Year's Predictions Thread - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (426)
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.