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Tim Almond's avatar

"Developers are turning the old farm into condos!"

This is often a plot in movies.

"What's up, Old Mr Jones"

"I can't afford the rent on the old cinema and if I don't pay by the end of the month, developers are going to come in and knock it down and turn it into houses".

So the kids go off and find some buried treasure. Which stops housing being built, and people from starting families, so that a barely used cinema can stay in business for a few years (presumably until the money runs out, because it loses money).

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DocTam's avatar

I will say that personally, the dialogue chapter was the weakest one in Case Against Education. I'd leave such strawman arguing for blog posts. The primary argument doesn't really need it.

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Jane Bambauer's avatar

I suggest making clear with the Bhopal disaster that when large risks are taken for small gains, the government already DOES respond through its common law negligence system. Negligence liability is part of the set of good things that sound good, so fortunately the government does it.

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Age of Infovores's avatar

From context, “The managers didn’t get the best safety equipment because it was too expensive!” seems like it was supposed to be an example of being risk-conscious but it sounds more like being cost conscious (or an instance in which business is wrongly criticized for not being risk conscious enough)

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Matthew Huggett's avatar

The risk was to the profit

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Age of Infovores's avatar

A common criticism of markets is that they are not concerned enough with risks to their own profits?

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Matthew McRedmond's avatar

This doesn’t look like it was written in good faithfulness of the others’ legitimate concerns. I will give you something to ponder for I know you are wise:

Litany Against Bias

When I learn about a bias I will not use it as a Fully General Counterargument

And when I teach others of bias

I will first do no harm

When new evidence comes in

I will feel the burden of every detail

When I’m considering my plans

I will view them from the outside  

When I want to be an effective altruist

I will not purchase satisfaction

When the world is chaotic I will act lawfully 

When there exist justifications beyond those given

I will reject the genetic heuristic

When I am presented with a false dilemma

I will look for a Third Alternative

And when I wish to overcome bias I will know it is a worthy goal

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SolarxPvP's avatar

> Joseph Kruglitz, Nobel-prize-winning professor

I’m guessing your book won’t need a “any similarity to actual persons, living or dead, is purely coincidental” notice, lol.

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Fika monster's avatar

Couldnt this chapter be summarized as

“Markets dont care about your feelings, and thats good”?

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sk's avatar

Well said

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