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Externalities are a small, specific issue and we have ways of dealing with them. Again, how do you propose to measure this "value for society"?

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Externialities. Like climate change? Yep we've got that under complete control.

Another good example of chasing the mighty fractionally reserved greenback:

https://news.ycombinator.com/item?id=14495950

So do you have a proposed improvement? I think taking schooling time away from history and sport and putting it towards coding would make us more, not less, likely to solve climate change.

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