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10 sats \ 2 replies \ @SimpleStacker 3 Dec \ parent \ on: Sweden, Econ Flourishing, and Capitalism (_Economic Affairs_, Ydstedt+Zitelmann) econ
If I had to guess, people interpret "excessive" as higher than what the typical person would consider excessive.
But then it should be 50% everywhere :)
This is kinda like how 80% of the people say they're smarter than the median person, or some such statistic
80% of the people say they're smarter than the median person
This actually makes sense, when you apply subjective value theory.
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Most people recognise the value in having a well funded government.
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