To be reconciled to the social world, one must be able to see it as both reasonable and rational.
John Rawls, The Law of Peoples
Read the quote of the previous week.
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And Nicole says…(plus the song of the day)
Ok Seb, okok! I’ve got to admit it. You’ve earned it deserve it u’r da man, I owe you this one! 🙂 […] Nico, at your service…
(of course I only took the relevant parts from Nicole’s corresponding comment to this previous post of mine)
She might not be Paulina Porizkova (and after all I am not Steven Colbert :-)), but I promise you: you would not be ashamed with her :-).
→ Read more Econlinks for 27-11-’07
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Becker and respectively Posner, on tax evasion. Why is tax compliance higher than one would expect (with a reservation here: it also follows from Posner’s argument than in fact tax evasion isn’t necessarily lower than rationally expected…) and is that mainly due to the rational fear of punishment or to the taxpayers’ feeling of moral duty/ fairness etc?
Best phrase I’ve read today
“no one cares about inequality. People care about injustice, unfairness, poverty, sexual predators, family values, gay marriage, terrorism, and many other problems of everyday life. People don’t care about Gini distributions.”
→ Read more Quote for the week 18th to 24th of Nov ’07
During America’s experiment with Prohibition, it was common to see the following label on grape juice: Caution: May Ferment into Alcohol. The harvesting of grapes rose dramatically.
Tyler Cowen, “Discover your inner economist”
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