As I've repeatedly said, the economy is BOUND to take a hit from coronavirus, one way or another. All we can do is minimise the damage.
-
-
You didn't even think this through, disutility means going in the opposite direction of utility For something that has a generally diminishing marginal utility, taking it AWAY has generally INCREASING marginal DISutility
-
I.e. if going from having $0 to $50k changes your life more than going from $50k to $100k, then once you do have $100k, taking away the first $50k hurts you less than taking away the second $50k Because it's the same thing, it's the same graph going in the opposite direction
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.