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DavesNotHere's avatar

“A week every year in an elite medical facility being tested for everything that could possibly go wrong.”

This is also an ambiguous good. There is a point where the increased risk of iatrogenic harm rises faster than the risk of other illness falls. Taleb conjectures that this effect plays a part in the fact that there seems to be only a small correlation between health and access to healthcare after a very minimal amount of access is surpassed.

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Student of Liberty's avatar

"What people actually mean by a living wage, as best I can tell, is a wage at which they can imagine themselves living a tolerable life."

I have come to the conclusion that there is not point in trying to understand how people live with less than a third or more than three times more of what I earn. If this were applicable to most of us, I guess a living wage is one third of what whoever says it is earning himself.

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