The terms ‘living money’ and ‘dead money’ seem to include an unwarranted implication that living is better.
As I understand it, that framework would count money spent on buying something just because one wants it as ‘dead money’ - there’s no hope of a financial return, it gets used up via paying people to do things and then it’s gone. But being able to spend it to get what one wants is arguably the entire point of money!
It’s not clear to me if this generalizes to willpower in this analogy, though.
The terms ‘living money’ and ‘dead money’ seem to include an unwarranted implication that living is better. As I understand it, that framework would count money spent on buying something just because one wants it as ‘dead money’ - there’s no hope of a financial return, it gets used up via paying people to do things and then it’s gone. But being able to spend it to get what one wants is arguably the entire point of money! It’s not clear to me if this generalizes to willpower in this analogy, though.