Prismattic comments on Why economics is not a morality tale - Less Wrong Discussion
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I think if you look at the actual medieval literary genre of morality tales, you'll find that it's specifically in the context of virtue ethics. In fact, the characters are usually embodiments of specific virtues and vices. It strikes my ear very strangely to hear what would presumably be a utilitarian economic argument (regarding stalling the recovery) described as a "morality tale".