While we’re nitpicking, I think “above a certain threshold, money doesn’t make a difference to your life” is probably false. My best sense of the literature is that there are sharply diminishing returns but I don’t think additional money gets you zero or negative utility[1].
But overall I thought the interview was quite good. I got the impression people really liked him. Intuitively it must be really hard to be honest for 10+ minutes without saying something that goes against leftist dogma, and of course doing it live adds a lot of pressure.
While we’re nitpicking, I think “above a certain threshold, money doesn’t make a difference to your life” is probably false. My best sense of the literature is that there are sharply diminishing returns but I don’t think additional money gets you zero or negative utility[1].
But overall I thought the interview was quite good. I got the impression people really liked him. Intuitively it must be really hard to be honest for 10+ minutes without saying something that goes against leftist dogma, and of course doing it live adds a lot of pressure.
Now of course we don’t have accurate data/studies on billionaires, so basically we’re back at intuition/priors.