Fallacy of Composition: To Compare or Not to Compare
Appetizing question: “Is Shaquille O'Neal tall?” The only consistently (L -1 ) and continuously (T -1 ) true answer: “His stature is what it is.” In everyday life, we live in a given community with friends, foes, rights, wrongs, benefits, costs, “the good, the bad and the ugly” of all different kinds and degrees. As such most everything is subject to comparison. For instance, you are taller than he is taller than she is taller than I am taller than my kid is taller than the doll is, and on and on. At this moment, for another, I would prefer knowledge of political economy to physics to mathematics to economics to AI technology, & cetera , all the way to knowledge of macroeconomics. In no case all through the long process of “production to consumption” (to Adam Smith): The rest of us as no Scrooge would never ever “prefer liquidity” to a certain cr...