A nice thing about working purely for money is that your net worth is actually a reasonable proxy for your actual worth to society. It’s sort of like a Markov process state that encodes all salient information about you. Nobody needs to know your whole history to know your worth.
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The opposite is someone whose visible worth is near zero unless you read their biography. A very non-markov process person. A life that can only be rolled out for others to mentally simulate/identify with via a story, but not rolled up to an instrumental measure.
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The ideal investor vs the ideal diarist. Sufficient statistic vs true random number. https://en.m.wikipedia.org/wiki/Sufficient_statistic …
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Replying to @vgr
No coincidence, perhaps, that these two types undermine each other’s measures of worth. e.g. Dorothy Parker’s quip “If you want to know what God thinks of money, just look at the people he gave it to”
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Not sure what the best example for the other side is though, without seeming biased. Cutting funding for the arts?
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