My general political heuristics: - markets are good - charge bad things extra - give poor people money - animals matter - beware irreversible changes Where am I wrong, ideally with papers etc.
@NathanpmYoung Good institutions can make most systems work, bad institutions make most systems work badly ?
@NathanpmYoung Counterpoint: political heuristics are generally bad and unnecessary, no two situations are alike, and grand theories of the good are best reserved for moral philosophy classes. Apparent differences of principle are often just differences about what the marginal cases are.
@NathanpmYoung my only quibble is that "bad things" is very hard to pin down and get right
@NathanpmYoung - yup - nothing is bad - no u - only in culinary terms - it depends
@NathanpmYoung What does animals matter mean? What does beware mean?
@NathanpmYoung Instinctively, I'd agree with all five. Which is unusual on social media and probably a sign that some or all are badly flawed...
@NathanpmYoung Ought we to beware of irreversible non-changes? Ought we to beware of irreversible status quos?
@NathanpmYoung Maybe don't take Paul Graham that literally? "Bad" is fuzzy and can justify LOTS of crazy overcharging, whereas the more precise "Pigouvian Taxation" implies non-trivial effort to calculate well calibrated numbers (and says: all else is distortionary). en.wikipedia.org/wiki/Pigouvian…