Economics and Its Ethical Assumptions (mises.org)
- Highlight Loc. 241-45 | Added on Thursday, March 15, 2012, 03:13 PM
Now obviously someone could say: well, wait a second, you get pleasure out of the thought that your loved ones will do well after your death, right? Yeah, that's true. So here's something, the belief that my loved ones will do well. And that causes pleasure. And maybe that's part of my reason for buying life insurance. But is it really plausible to say it's really that belief rather than their actually doing well? Because one isn't a means to the other. Your loved ones' doing well in the future can't be a cause of your belief that they'll do well now, unless you believe in backward causation.
