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Propriety, Norms, and Traffic Congestion: Episode 3

The Answer Is Transaction Costs

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The Role of Mores in the State

It's really hard to use education to change deeply seated cultural norms. So the problem is, and I'm reminded of the centrality of role of internalized mores for Jean-Jacques Rousseau. That was quite a while before Adam Smith published The Wealth of Nations. But it's exactly the same kind of view that determines the ability of the nation to function.

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