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hprhpr | 14 years ago

Agreed about nobody saying they prefer local art over thousands of lives, but I don't think that means their revealed preferences are more representative of what they really want, I think it just shows how irrational they are. Most people don't sit down and think about what they want most and construct a plan to achieve that, so it shouldn't be surprising that they end up doing such drastically sub-optimal things as donating a lot of money to a museum when someone asks them to. It seems like a good thing to do, so they do it. They don't consider whether it's what they actually most prefer.

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rdl|14 years ago

I also thought a lot of the art donations (at the high end) were weird tax dodges, or done for the ancillary benefits of donating (getting your name on a building or bench, access to high end parties, cute art girls, etc.)