Larks comments on Why economics is not a morality tale - Less Wrong Discussion
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (55)
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.