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Larks comments on Why economics is not a morality tale - Less Wrong Discussion

7 Post author: Stuart_Armstrong 04 June 2013 03:20PM

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Comment author: Larks 06 June 2013 08:48:19PM 2 points [-]

Even if they don't, their shareholders and bondholders are still people whose welfare is valuable. True, there are some bad incentive effects, but the welfare transfer isn't intrinsically objectionable.