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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (72003)12/17/1999 10:20:00 AM
From: BGR  Read Replies (1) | Respond to of 132070
 
Michael,

Even I believe it is in my interest that the codes by which society acts fall into the category I like to call fair. And that, precisely, is my point! We all like moral hazards, as long as they are fair by our standards.

Debating those standards is something that makes sense to me - though I would like to take that off line. But debating the propriety of accepting the existence of different, unreconcilable standards as inevitable (and hence, by extension, debating the propriety of refusing to confuse rational debates with moral positions) is something that puzzles me OTOH.

-BGR.

PS: I urge you to not forget the so-called power of the powerless, expressed in the US investment context via the rapid proliferation of index funds in recent years. :-)