Moral Restraint and the Greater Good
David and Russ discuss the concept of principled moral restraint as a solution to the opportunism problem, but highlight that it is not sufficient on its own. They delve into the empathy problem and the greater good specialization problem, exploring how our perception of what is morally acceptable can change over time. They use the example of government redistribution of wealth to illustrate this shift in societal norms.In this clip
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David Rose on the Moral Foundations of Economic Behavior
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