I myself regard enjoyment and suffering (defined more broadly to include milder pain and discomfort) as not only the most important, but ultimately t… - Yew-Kwang Ng

" "

I myself regard enjoyment and suffering (defined more broadly to include milder pain and discomfort) as not only the most important, but ultimately the only important things. Freedom, knowledge, and so on are all important but only because they ultimately promote net welfare (enjoyment minus suffering). Even if they do not completely agree with this strong view regarding enjoyment and suffering, most people will accept that enjoyment and suffering are the most important considerations. Given their importance, the amount of scientific research devoted to them is dismally inadequate. The neglect is partly due to the methodological blunder, which prevents the publication of important results on things that are difficult to measure precisely.

English
Collect this quote

About Yew-Kwang Ng

Yew-Kwang Ng (Chinese: 黄有光; born 1942) is a Malaysian-Australian economist. Ng is a Professor of Economics at Fudan University, Shanghai, and a Distinguished Fellow of the Academy of the Social Sciences in Australia. He has published in a variety of academic disciplines and is best known for his work in welfare economics.

Also Known As

Alternative Names: Huang Youguang Professor Yew-Kwang Ng
Works in ChatGPT, Claude, or Any AI

Add semantic quote search to your AI assistant via MCP. One command setup.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Yew-Kwang Ng

[W]hile the problem of interpersonal comparability of utility is a tricky one, it is not insoluble in principle. It is conceivable that, perhaps several hundred (or a thousand) years from now, neurology may have advanced to the stage where the level of happiness can be accurately correlated to some cerebral reaction that can be measured by a ‘eudaimonometer’. Hence the definition of social welfare [in terms of the sum total of individual happiness] is an objective definition, although the objects are the subjective feelings of individuals.

As there are many areas of inadequate optimization (departures), and resource limitation and information costs prevent the rectification of all these departures, the pursuit of a more desirable future through either private effective altruism or governmental policies is subset to the challenge of the second-best theory (where the presence of uncorrectable distortions complicates the pursuit of desirable policies elsewhere through interdependence)...Despite the nihilistic implication of the second-best theory on the impossibility of piecemeal welfare policies...the third-best theory shows that the government or effective altruists may increase at least the expected welfare by focusing on areas of serious inadequate optimization, taking into account the indirect effects if information allows.

Try QuoteGPT

Chat naturally about what you need. Each answer links back to real quotes with citations.

[T]he real per capita income of the world now is about 7-8 times that of a century ago. If we proceed along an environmentally responsible path of growth, our great grandchildren in a century will have a real per capita income 5-6 times higher than our level now. Is it worth the risk of environmental disaster to disregard environmental protection now to try to grow a little faster? If this faster growth could be sustained, our great grandchildren would enjoy a real per capita income 7-8 times (instead of 5-6 times) higher than our level now. However, they may live in an environmentally horrible world or may well not have a chance to be born at all! The correct choice is obvious.

Loading...