Seth > Recent Status Updates

Robert Frank defends a claim I'd never considered before: The reason workplace safety laws are worth having is that without them, we'd cut corners on safety (a nonpositional good) to spend more on conspicuous consumption (positional goods), creating a tragedy of the commons.

"The rich had been assured of his wealth and comfort, the toiler assured of his life and work. No doubt in that perfect world there had been no unemployed problem, no social question left unsolved."

Wow, Wells, you're making it super difficult for me to take your supposedly genius narrator seriously.

Chapter 137, not page 137

Chapter 136, not page 136

Chapter 37, not page 37

Chapter 135, not page 135