Decius comments on How To Have Things Correctly - Less Wrong

57 Post author: Alicorn 17 October 2012 06:10AM

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Comment author: Nornagest 17 October 2012 08:11:29AM *  0 points [-]

Well, the world's current GDP is about 70 trillion dollars. $10 billion is about 0.014% of that, which seems like it'd be within the error bars of at least a consumer-level presentation of its inflation.

Comment author: Decius 17 October 2012 04:32:06PM 0 points [-]

$10 billion dollars a year is then roughly 80 minutes of every single person's time, assuming all people are productive 24/365 and all productive time is included in the world GDP; or about 15 minutes of working time for everyone who is included in the world GDP, assuming they average a 2000 work-hour year.