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Aug 24, 2014
ssc
50 min 6,400 words 216 comments podcast
Scott explores the concept of an 'Economists' Paradise' to derive a form of contractualism as a basis for morality, potentially grounding utilitarianism and resolving some of its paradoxes. Longer summary
Scott explores the concept of an 'Economists' Paradise' where all game-theoretic problems are solved and all transactions are voluntary and honest. He uses this to derive a form of contractualism as a basis for morality, suggesting it might ground utilitarianism and help resolve some of its paradoxes. The post discusses how this ideal state might solve issues like bullying and world hunger, and how it relates to concepts like Rawls' Veil of Ignorance. Scott concludes by proposing the metaphor of an 'Invisible Nation' to represent this ideal moral framework. Shorter summary