tag:blogger.com,1999:blog-21959228.post117194723319323102..comments2024-03-28T09:14:52.110+00:00Comments on Sinclair's Musings: Chris Dillow on Pre-Birth InsuranceMatthew Sinclairhttp://www.blogger.com/profile/05948452770723874618noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-21959228.post-39720194712900055872009-04-23T05:38:00.000+01:002009-04-23T05:38:00.000+01:00thanks for sharing...:p
i will try to visiting thi...thanks for sharing...:p<br />i will try to visiting this blog often.<br /><br /><A HREF="http://100topinsurance.blogspot.com" REL="nofollow">Top Insurance Companies</A>Life insurance companieshttp://100topinsurance.blogspot.com/2009/03/prudential-life-insurance.htmlnoreply@blogger.comtag:blogger.com,1999:blog-21959228.post-1171988645599778402007-02-20T16:24:00.000+00:002007-02-20T16:24:00.000+00:00We don't really know how we would behave in the or...<I>We don't really know how we would behave in the original position: Would people be risk averse before they knew what they had to lose?</I><BR/><BR/>But this is a shot next to the target. The Rawlsian original position isn't an end in itself, it's a thought experiment designed to guide our actions.<BR/><BR/><BR/>Regarding art, I think you're forgetting that wealth doesn't have constant returns to scale. Rather, wealth (and income) exhibit increasing returns up to some point and then diminishing returns. Starting in extreme poverty, an increase in your income is likely to increase your ability either to appreciate it or, just as importantly, to create it, quite rapidly. But at the other end of the scale, reducing Bill Gates' income by a few percentage points is very unlikely to prevent any works of art.Alexhttps://www.blogger.com/profile/17153530634675543954noreply@blogger.comtag:blogger.com,1999:blog-21959228.post-1171982923588255562007-02-20T14:48:00.000+00:002007-02-20T14:48:00.000+00:00Matthew,Very interesting stuff. The other problem ...Matthew,<BR/><BR/>Very interesting stuff. The other problem with using redistributed taxation to insure against *bad luck* is that that is ALL you should insure against.<BR/><BR/>Poor parental choice/decisions ought to be excluded or otherwise you will have the ultimate in perverse incentives at the bottom: the worse you can make yourself look at conception, the more you stand to make for your child's bad luck insurance payout.<BR/><BR/>Not an attractive prospect for society...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21959228.post-1171979244822031152007-02-20T13:47:00.000+00:002007-02-20T13:47:00.000+00:00Good question. There are two ways I can think of ...Good question. There are two ways I can think of to look at that problem.<BR/><BR/>First, there is the old injunction that man is a thinking being, that thinking is our function. When we think and create we are at our best and most human.<BR/><BR/>In another sense, all moral reasoning needs to start from a pure value judgement of some kind and I'd prefer to celebrate the creative aspect of humanity rather than focus on avoiding risk of hardship. A moral philosophy built around avoiding risk seems small minded.Matthew Sinclairhttps://www.blogger.com/profile/05948452770723874618noreply@blogger.comtag:blogger.com,1999:blog-21959228.post-1171957398305133632007-02-20T07:43:00.000+00:002007-02-20T07:43:00.000+00:00Matthew can I just push you a bit on this- you tal...Matthew can I just push you a bit on this- you talk about higher pleasures and enbobling us all but how do you define that. Why does art ennoble us all and what are the higher pleasures? Is there for instance a moral duty to have taste in some sense. It strikes me that you need to define this in order to justify your position.Gracchihttps://www.blogger.com/profile/06344262838391424797noreply@blogger.com