Lifetime Expected Consumption

marginalrevolution.com/marginalrevolution/2025/05/lifetime-expected-consumption.html

What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking in account (roughly) both years lived and how much one consumes in those years.
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This story appeared on marginalrevolution.com, 2025-05-03 11:17:54.
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