What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking in account (roughly) both years lived and how much one consumes in those years.
The post Lifetime Expected Consumption appeared first on Marginal REVOLUTION.
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Saturday assorted links
1. Notes on Oman. 2. Colin McGinn on best philosopher ever. 3. Owner wants to give away Green Mountain Campus....






