Movies usually focus more on whether characters have the strength of will to do what is obviously right than on whether they have the wisdom to discern what is right. And movie characters rarely have to choose between the praise of associates and doing the right thing – key associates usually support doing the right thing.
Great episode this week.
Tyler Cowen: “Doesn’t everyone who might suffer a loss have a potential claim to complain? At what percentile of wealth does your claim to complain go away or diminish?” And also: “Beware of moral arguments which do not address ‘At which margin?’”