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Rationality: Steven Pinker in conversation with Tim Harford

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The Tragic of the Commons

In historical commons, people do find ways to change the rules. We don't have a world government and whatever solution we settle into can't come from the top down. In many of the informal cases where the multi-party prisoners dilemma is resolved, there's reputation,. There are sanctions, both in terms of gossip and shaming - sometimes vandalism.

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