Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
Tyler Cowenamazon.com
Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals
The overtaking criterion implies the following: given the long-run comovement of sustainable growth and human well-being, if one growth path is consistently higher than the other over time, we should prefer that higher growth path. At some point in the future, the higher growth rate will make people much, much better off, and that path is worth cho
... See moreI call the second principle the Principle of Growth Plus Rights: The Principle of Growth Plus Rights: Inviolable human rights, where applicable, should constrain the quest for higher economic growth.
As argued above, a sustainable increase in economic growth, properly understood, will boost many plural values in the medium and long runs. To be sure, some people will be worse off, and some values, in the short to medium run, will not be favored. In these respects, aggregation problems do not disappear. Nonetheless, the competing options do not g
... See moreWhy pro-growth policies are fundamental.
a well-constructed welfare state can distribute education and nutrition more widely. The individuals supported by this state are not only better off, but they are more likely to be productive and pay taxes, and they are less likely to overturn public order. Other benefits of redistribution stem from political improvements. Social welfare programs c
... See moreWhen it comes to the future of our world, we have lost our way in a fundamental manner, and not just on a few details. We must return to principles, but we do not always have good principles to guide us. We have strayed from the ideals of a society based on prosperity and the rights and liberties of the individual, and we do not know how to return
... See moreThe foundational problem the book proposes to address.
The Principle of Roughness, when it applies, implies that we should not discriminate on the basis of relatively small benefits and losses. The future changes at stake—the rest of human history being up for grabs—seem so large that relatively small changes in upfront benefits and costs, such as the dog’s broken leg, do not move the initial compariso
... See moreRadical uncertainty I’m a skeptic, sure, but I’m a skeptic with a can-do temperament who realizes how paralyzing skepticism can be. It is, of course, extraordinarily difficult to predict the distant future. I’m not just talking about the difficulty of constructing good theories in the social sciences and then testing those theories against the data
... See moreCommon sense morality Common sense morality holds that we should work hard, take care of our families, and live virtuous but self-centered lives, while giving to charity as we are able and helping out others on a periodic basis. Utilitarian philosophy, on the other hand, appears to suggest an extreme degree of self-sacrifice. Why should a mother te
... See moreI treat questions of right and wrong as having correct answers, at least in principle. We should admit the existence of significant moral grey areas, but right and wrong are a kind of “natural fact,” as many philosophers would say. To put it bluntly: there exists an objective right and an objective wrong. Relativism is a nonstarter, and most people
... See moreContext on how the argument lays out.