Sublime

The strong tendency of employees to rationalize bad conduct in order to get rewards requires many antidotes in addition to the good cash control promoted by Patterson.

A still heavier obligation, not always acknowledged, is to leave to future generations as wide and interesting a range of options as our generation inherited from our forebears.

integrity of the system is more important than the truth of one case.

I can summarize a thousand years of moral philosophy in a few sentences: pre–Hobbes and Bentham, human nature was viewed as a battle between our desire to be good and our temptations to behave badly, and the gist of moral philosophy and religious faith was that we should treat each other as we want to be treated ourselves—the golden rule—and we

Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler, “Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias,” Journal of Economic Perspective 5, no. 1 (1991): 193– 206, http://users.tricity.wsu.edu/~achaudh/kahnemanetal.pdf

As a new point of view we turn to bounded rationality, a departure from the mainstream tradition. We no longer can assume that every agent is a perfect calculator. This point of view is given a great deal of emphasis by Herbert Simon. Simon argued that people do not maximize. When they’re forecasting the future, they do not perform the task of

When we do, we assume the politicians are clients in a patron–client relationship, and we assume their obligations will cloud their impartial judgment.