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June 22, 2017

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MikeofYork

I suspect most people deep down view differences as based on at least some kind of luck.

Even those who have earned it have been endowed with some skill, intelligence, aptitude or other luck which landed in their lap.

Just to be live in a peaceful western nation at this point in history is a circumstance of utter luck.

My guess is that tolerance of inequality lies in some kind of instinctive understanding (which may or may not be completely rational) that the redistribution activity comes at a cost that is not worth bearing.

Loss of liberty as well as overall economic cost, perhaps.

brendan darcy

It's actually worse than this new experiment, because the experiment assumes the perfect measurement of luck versus merit. What if we actually under-estimate luck too?

dojuma

ooh true.

Blissex

«the redistribution activity comes at a cost that is not worth bearing. Loss of liberty as well as overall economic cost, perhaps.»

That argument was fully developed by F Hayek in "The Road to Serfdom" and by A Rand in her pedagogical novels, and we all see today how grim and oppressive is life in communistic hellholes like Canada, France, Sweden, ...

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