Friedberg argues COVID behavioral changes will persist like post-9/11 TSA security measures that remain twenty years later.
“We go sit in TSA lines and, you know, get our asses swabbed when we get on an airplane now, And that's still going on twenty years later.”
Friedberg argues happiness comes from relative standards and progression, not absolute living standards.
“Well, I don't think happiness comes from, you know, absolute standards of living. I think happiness arises from one's relative standard of living, whether that's relative to how you lived last year or how you're living relative to your neighbor and seeing some progression over time is the only thing that keeps people happy. It's otherwise society decays.”