display all the ideas for this combination of philosophers
1 idea
| 20278 | 'Marginal utility' says something is more useful if it is in short supply [Singer] |
| Full Idea: The economic principle of marginal utility states that for a given individual a set amount of something is more useful when the individual has little of it than when he has a lot. | |
| From: Peter Singer (Practical Ethics [1979], 02) | |
| A reaction: But individuals may very a lot on this one. 'He can't get enough of X'. I may be desperate to buy 10,000 books, but you may consider such a need ridiculous, so who decides? |