Nornagest comments on Rationality Quotes December 2014 - Less Wrong

8 Post author: Salemicus 03 December 2014 10:33PM

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Comment author: Robin 11 December 2014 06:28:10PM *  0 points [-]

The annual US GDP per capita is $55,036. For Somalia, it's $145

This is availability bias. There are clearly other factors differentiating Somalia and the US. If there weren't, there would be massive starvation in Somalia because you can't get by on $145 a year in the US.

I can assure you that successful people are not born in the US by chance.

Really? Do you think successful people don't have children? And that they don't try to make these children US citizens by 'immigrating' (often illegally) to the USA? I can assure you this happens frequently.

As of 2005, there were 2.6 billion people who lived on the equivalent of under $2 per day

Yes, but most of those people live in areas where $2 goes a long way.

What possible values could they have where that could be considered success?

That's up for them to define, not for you to define. Why should they care about your standards? Let them say they are successful if they believe they are successful. You lose nothing but your ego by acknowledging somebody else's success.

Comment author: Nornagest 11 December 2014 07:01:55PM *  2 points [-]

There are clearly other factors differentiating Somalia and the US. If there weren't, there would be massive starvation in Somalia because you can't get by on $145 a year in the US.

There's a couple of things going on there. One is that Somalia is in fact a very malnourished country. Another is that the GDP figures DanielLC cites are nominal, not based on purchasing power parity, and therefore can be skewed by exchange rates. The currencies of poor third-world nations tend to be very weak, so going by nominal GDP will end up making them look even poorer than they actually are.

PPP estimates for Somalia seem uncommon for some reason, but the CIA estimated a per-capita annual value of around $600 USD in 2010.

Comment author: Robin 12 December 2014 08:47:40PM -1 points [-]

Thanks for the information. My point is that money is a poor predictor of happiness and success.