Wednesday, June 14, 2023

Lying For Money

 ACX is starting up this year's book review contest, in which reader's review either a new book or rethink an older one. The reviewers are anonymous until the winner is announced.

I enjoyed the review of Lying For Money by Dan Davies. It includes such counterintuitives that the optimal level of fraud in a society is not zero. Fraud can only occur in a context of trust betrayed because people are used to trusting strangers. Such high trust in a society is a good thing.

2 comments:

  1. I think trust once shattered is never found again. It leads to stereotyping with all the consequences.

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  2. RE: HMS Defiant Sounds about right

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