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MugaSofer comments on Torture vs Dust Specks Yet Again - Less Wrong
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I was about to post something similar, although I don't have kids myself.
Huh. That's ... a pretty compelling argument against having kids, actually.
Hmm, the microeconomics of outsourcing child production to countries with cheaper human-manufacturing costs... then we import them once they're university aged? You know you've got a good econ paper going when it could also be part of a dystopia novel plot.