Irrationality Game:
Non-healthcare related personal quality of life advances since around 1955-1965 (improvements in food, clothing, entertainment, transportation, communication, etc.) do not increase personal happiness due to the hedonic treadmill, and most of the advances have come about as a means to capture consumers' median increase in real wealth due to a more efficient economy caused by technological advances. Furthermore, if a consumer hypothetically had access to the 1960 basket of consumer goods produced using 2014 technology, a consumer could live at or above the current middle-class level of happiness by spending about $15,000 annually for an average household of three. ~85%.
Please note I am referring only to personal consumer goods and NOT business or technological improvements such as manufacturing techniques, computing power, automation, etc.
if a consumer hypothetically had access to the 1960 basket of consumer goods produced using 2014 technology
Can you elaborate on what this means. Do you mean that if we had more consumer goods of the year 1960, we would be as happy as the current middle class?
The 'Irrationality Game' posts in discussion came before my time here, but I had a very good time reading the bits written in the comments section. I also had a number of thoughts I would've liked to post and get feedback on, but I knew that being buried in such old threads not much would come of it. So I asked around and feedback from people has suggested that they would be open to a reboot!
I hereby again quote the original rules:
I would suggest placing *related* propositions in the same comment, but wildly different ones might deserve separate comments for keeping threads separate.
Make sure you put "Irrationality Game" as the first two words of a post containing a proposition to be voted upon in the game's format.
Here we go!
EDIT: It was pointed out in the meta-thread below that this could be done with polls rather than karma so as to discourage playing-to-win and getting around the hiding of downvoted comments. If anyone resurrects this game in the future, please do so under that system If you wish to test a poll format in this thread feel free to do so, but continue voting as normal for those that are not in poll format.