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Ep. 24 - Vernon Smith: Self-Interest Reconsidered

The Ralston College Podcast

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The Virtues of Good Conduct Cannot Be Forced

Isaty: What you and wilson are saying here is that as fundamental as beneficence is, it cannot be forced. It has to be free. Why is that is? Well, e lots of people think of course, you can edit yo rate, raise the level of mandatory, i don't know, taxes, or having forced morality. Well, smith il doesn't work. Wyi see. That's we call that his Beneficence proposition too. If there is any element of coercion, his second proposition says that that calculus of benefit and gratitude no longer applies. He predicts in his justice proposition, one, if one takes an action that's hurtful toward two

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