TGGP4 comments on Do We Believe Everything We're Told? - Less Wrong

36 Post author: Eliezer_Yudkowsky 10 October 2007 11:52PM

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Comment author: TGGP4 11 October 2007 09:00:29PM 6 points [-]

I have heard that advertising mainly shifts consumers from one brand to another. In that sense it is wasteful and an economist could give an argument for taxing it. I happen to like the subsidy of media by advertisements, so I wouldn't advocate it.