So then, the difference between (a) and (b) is purely empirical, and MNB does not allow me to compare (a) and (b), right? This is what I’d find a bit arbitrary, at first glance.
Gotcha, thanks! Yeah, I think it’s fair to be somewhat suspicious of giving special status to “normative views”. I’m still sympathetic to doing so for the reasons I mention in the post (here). But it would be great to dig into this more.
Gotcha, thanks! Yeah, I think it’s fair to be somewhat suspicious of giving special status to “normative views”. I’m still sympathetic to doing so for the reasons I mention in the post (here). But it would be great to dig into this more.