FAWS comments on (One reason) why capitalism is much maligned - Less Wrong

1 Post author: multifoliaterose 19 July 2010 03:48AM

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Comment author: FAWS 19 July 2010 05:16:34PM 0 points [-]

And that was the other possible objection I had thought of!

I had meant to include that sort of thing in "relevant knowledge", but couldn't think of any good way to phase it in the 5 seconds I thought about it. I wasn't trying to make any important argument, it was just a throwaway comment.

Comment author: Vladimir_Nesov 19 July 2010 05:23:33PM *  0 points [-]

And that was the other possible objection I had thought of!

I don't understand what this refers to. (Objection to what? What objection? In what context did you think of it?)

Comment author: FAWS 19 July 2010 06:20:25PM *  0 points [-]

I commented on the objection that being unsure whether the expected value of something is positive conflicts with the definition of expected value with:

I read "not clear that X has positive expected value" as something like "I'm not sure an observer with perfect knowledge of all relevant information, but not of future outcomes would assign X a positive expected value."

When writing this I thought of two possible objections/comments/requests for clarification/whatever:

  1. That perfect knowledge implies knowledge of future outcomes.

  2. Your logical uncertainty point (though I had no good way to phrase this).

I briefly considered addressing them in advance, but decided against it. Both whatevers were made in fairly rapid succession (though yours apparently not with that comment in mind?), so I definitely should have.

There is no way that short throwaway comment deserved a seven post comment thread.

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