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121 sats \ 1 reply \ @Undisciplined 17 Dec \ parent \ on: America is richer than ever. Why is it so unhappy? econ
That last part depends on whether this is an inherent feature of modernity or if it’s a fiat induced high time-preference pathology.
The important part is that what is measurable gets optimized and we’re missing the immeasurable losses. I think there’s a growing awareness of this situation though.
That last part depends on whether this is an inherent feature of modernity or if it’s a fiat induced high time-preference pathology.
I don't even think the culprit is modernity, except insofar as modernity has made vastly largely swathes of humans prosperous, post-scarcity for the "real" scarcities. But given the prevalence of the anomie throughout history -- of the wealthy, and wealthy civilizations, unhappy in similar ways -- I think the data tells a compelling story.
Hopefully I'm wrong, though.
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