Long post to read, but Falkenstein has put together a Moldbugian-length analysis of one simple idea. Envy dominates greed. If true, whole piles of stuff that we currently believe becomes false (utilitarianism is untenable, for instance)...or in Aretaevian terms, much less useful than other models.
Read the whole thing.
The virtue of excellence
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2 comments:
BTW, I agree. Post of the month!
(I don't know why I find him so hard to read in flow. I actually RSS his blog now, and have had the Post of the Month sitting in its own open tab since it appeared!)
Really interesting to bring this into economics. People working on violence research (and anti-violence programs in prisons) have been focusing on status (envy) with some success.
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