- by David Borkenhagen
Reading
Changes in the household liability-to-income ratio appear to have been driven by a rising supply of loanable funds before 2010 and decreasing demand for such funds afterward.
I have a simple morality:
- I like feeling good.
- I don’t like feeling bad. (Suffering)
- I want other people to feel good.
- I don’t want other people to feel bad (to suffer.)
Most people have some of this as part of their morality.
How much is a matter of moral transitivity. How many people are part of three and four?
Let’s outline some variations:
The psychopath. Only my suffering and happiness matters.
The Patriarch/Matriarch. Only the suffering and happiness of me and my relatives matter.
The Back Slapper. The suffering and happeiness of me, my relatives, and my friends matters.
The Noble. The suffering and happiness of me, my relatives, my friends and my dependents matters. (Modern version is the good boss.)
The Aristocrat or Oligarch: Only the suffering or happiness of my class matters.
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