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ghb
on Oct 22, 2010
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There are 5,057 janitors in the U.S. with PhDs
Serious question: what's utility?
achompas
on Oct 22, 2010
[–]
Wikipedia calls it "relative satisfaction." I'd call it "personal benefit or gain."
Considering that, it's clear why we'd use money as a proxy. Not a perfect one, of course.
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