The Moral Calculus
Russ and Erik discuss the moral implications of free trade and the economic calculus that prioritizes gains over the well-being of individuals who lose their jobs. They question the notion of measuring well-being and emphasize the importance of dignity and responsibility in work.In this clip
From this podcast
EconTalk
Erik Hoel on Effective Altruism, Utilitarianism, and the Repugnant Conclusion
Related Questions
What's the impact of tariffs on the job market in the US?
How are people losing their jobs? Can you provide an example?
Where do you draw the line between personal morals and responsibility to the greater good versus financial gains and self-interest, especially in the context of the current administration in the US?