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Ordinal Preferences
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=== 2019 === {{Tweet |image=Eric profile picture.jpg |nameurl=https://x.com/EricRWeinstein/status/1191617800206290944 |name=Eric Weinstein |usernameurl=https://x.com/ericweinstein |username=ericweinstein |content=@Trentsickle @AnthemTrading Oh simple. For example you use cardinal utility theory in one sub field for issues of risk, but forbid it in another area like interpersonal comparisons where you shift to [[Ordinal Preferences|ordinal welfare]]. Otherwise cardinal welfare might lead to socialism given the law of diminishing returns. |thread= {{Tweet |image=Eric profile picture.jpg |nameurl=https://x.com/EricRWeinstein/status/1191614110271623168 |name=Eric Weinstein |usernameurl=https://x.com/ericweinstein |username=ericweinstein |content=In the war between those who seek to weaponize reason, and those who seek to destroy it due to its having been weaponized, I’d prefer not to pick a side. They’re both vile. But when I’ve absolutely had to choose? I can’t pick the latter: there’s no coming back from anti-reason. |timestamp=7:11 AM · Nov 05, 2019 }} {{Tweet |image=Eric profile picture.jpg |nameurl=https://x.com/EricRWeinstein/status/1191615331384479744 |name=Eric Weinstein |usernameurl=https://x.com/ericweinstein |username=ericweinstein |content=@AnthemTrading Look at economic theory specially rigged to deliver pro business and pro finance results. The actual theory wouldn’t do that. It would be much more muted and even in what it says. |timestamp=7:16 AM · Nov 05, 2019 }} |timestamp=7:26 AM · Nov 05, 2019 }}
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