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Douglas_Knight comments on [Link] More ominous than a [Marriage] strike - Less Wrong Discussion

6 Post author: GLaDOS 04 January 2014 05:34PM

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Comment author: Douglas_Knight 25 January 2014 09:16:21PM 0 points [-]

Adam Smith, one of the quoted people, said that gentry practice of dividing their estates was good because make them work just to return to the wealth they had grown up with. Actually, I think his point was less about effort than about overcoming risk aversion.