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ZankerH comments on Crazy Ideas Thread, Aug. 2015 - Less Wrong Discussion
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Since we'd rather look at fit people than fat people, physical fitness has positive externalities, and should therefore be subsidised.
Since we'd rather look at people we can visually identify with than people we can't, ethnic segregation has positive externalities, and should therefore be subsidised.
Physical education in schools is more or less this.
I'm laughing hysterically. Maybe things have improved, but for a long time, the actual effect of physical education was to make people hate exercise.