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Overcoming Bias Commenter's avatar

Imo a more extensive study might well delve into not only public arguments but also ulterior motives of "advisors" and study cases of bad "advising", such as (I presume) the recent debacle with the polugamous sect in Texas. Although sometimes paternalism is well motivated in principle (say, anti-trust legislation intended to prevent domination by a monopoly, and regulation of medical practice is intended to protect the vulnerable patients) yet the devil lies in the details.

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Overcoming Bias Commenter's avatar

I wonder what is the summum bonum of society as a whole (if, unlike former PM Thatcher, you allow yourself to postulate such collective entities), and who is to bear the cost for the reckless choices of individuals aside from the individual in question? Doesn't moral hazard enter into the analysis? Or is the characterization of another's behavior as "reckless" an arrogant, insupportable assertion on its own?

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