Markets marketed better

What do you call a system where costs and benefits return to those who cause them? Working markets or karma, depending on whether the accounting uses money or magic.

In popular culture karma generally has good connotations, and markets generally have bad. Reasons for unease about markets should mostly apply just as well to karma, but nobody complains for instance that inherent tendencies to be nice are an unfair basis for wellbeing distribution. Nor that people who have had a lot of good fortune recently might have cheated the system somehow. Nor that the divine internalizing of externalities encourages selfishness. Nor that people who are good out of desperation for fair fortune are being exploited. So why the difference?

Perhaps mysterious forces are just more trustworthy than social institutions? Or perhaps karma seems nice because its promotion is read as ‘everyone will get what they deserve’, while markets seem nasty because their promotion is read as ‘everyone deserves what they’ve got’. Better ideas?

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Murder

People are murderers if they kill other people. They are not murderers if they let other people die when they can cheaply prevent it. For instance I am not a murderer if I spend a couple of hundred dollars on clothing rather than sending it to a decent charity, even if the predicted result is that one more person will die.

People don’t want to be murderers, but they don’t mind letting people die, except those who are close to them. People also don’t like or respect murderers, but they don’t mind others letting people die, except people who are close to them. People don’t like being murdered or being allowed to die equivalently, regardless of whether those involved are close to them. It is interesting that people’s treatment of others’ lives correlates so with how third party observers deal out like and respect, rather than how the person whose life is at stake feels about it. It is commonly assumed that killing people is bad because we care about the person who gets killed. This might be what we think about when we are condemning murderers, but it doesn’t predict our actions at all well.

Humans aren’t evil here in the same sense that we think of someone who kills for a pair of jeans as evil. It’s not purposeful. Most people believe that they do care about other people’s lives, because they have great trust in their emotions to tell them when something bad is happening. They never check this. But what do you do when you find your emotions do not tell you this at all? One response is to spend yonks trying to justify things like physical distance and action vs. omission as being morally relevant while taking credit for being wonderfully deep. This is evil.

Obviousness is not what it seems

Things can be obvious if they are simple. If something complicated is obvious, such as anything that anybody seriously studies, then for it to be simple you must be abstracting it a lot. When people find such things obvious, what they often mean is that the abstraction is so clear and simple its implications are unarguable. This is answering the wrong question. Most of the reasons such conclusions might be false are hidden in what you abstracted away. The question is whether you have the right abstraction for reality, not whether the abstraction has the implications it seems to.

e.g.1 I have heard that this is obvious: reality is made of optimizers, so when the optimizers optimize themselves there will be a recursive optimization explosion so something will become extremely optimized and take over the world. But to doubt this is not to doubt positive feedback works. The question is whether this captures the main dynamic taking place in the world.

e.g.2 I have thought before that it is obvious that a minimum wage would increase unemployment usually. This is probably because it’s so clear in an economic model, not because I had checked that that model fits reality well. I think it does, but it’s not obvious. It requires carefully looking at the world and at other possible abstractions.

Old blog

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