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Money is just a fungible good and does have decreasing marginal utility. After the jaguar, the mansion, and so on and so forth, just being able to buy more stuff doesn't add to your utility.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Apr 28th, 2006 at 09:40:48 AM EST
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