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mwengler comments on Less Wrong views on morality? - Less Wrong Discussion

1 Post author: hankx7787 05 July 2012 05:04PM

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Comment author: mwengler 10 July 2012 07:06:08AM *  1 point [-]

... is a little like asking whether there are universal, objective principles of economics. Sure, in one sense there are: but they're not the sort of applied advice that people making moral or economic claims are usually looking for!

In seems in economics without much of a stretch you have things like:

  • buy low and sell high

  • don't produce items for sale at price x that cost you y>x to produce.

  • don't buy a productive asset that produces c cash per year for more than c/i where i is the risk free interest rate

I'm not saying I can do this trick with morality, but economics seems to produce piles of actionable results.