Word: posner
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Dates: during 1982-1982
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...Suzanne Dechy, Charles DiBona, Mark Eichorn, Erica Eisenberg, Andrew Fletcher, William Foulkes, M. Fima Friedman, Paul Gompers, Loralic Goss, Alison Harrington, Emily Harrison, Adrienne Headley, Ron Herman, Michael Hirschorn, Raquel Jacobson, Per Jebsen, Kerry Kelgar, Scott Kogan, Mary Kwak, Deborah I esinsohn, Brian Melindez, Alan Morre, Steven Nusshaum, An Posner, Marvin Putnam, William Rehling, Samuel Rickless, Mitch Rosner, Chris Roy, Charles Rudmick, Jill Ruttenberg, Jell Russan, Laura Robinson, Michael Samols, Katherine Saunders, Henry Shapiro, Andrea Silbert, Daman Silvers, Steven Smart, Vivian Sogor, Jake Stevens, James Umlas, Elisheva, Tracy Velasquez, Ann Von Germeten, Doug Winthlop, Stan Yukoevitch, Bill Zachary and Charles...
...book concludes with a critique of affirmative action. Posner is on a well-traveled road here, and Posner adds little new to this familiar debate. This last section displays his clearest and most readable prose, but fails to live up to the perspicuity in his earlier pages, his economic analysis of common law and discerning a moral code in wealth-maximizing...
...Economics of Justice has serious flaws, to be sure. The passages of turgid, eye-glazing prose that seem to prevail, require an economics or law background. Posner prefaces each of his four treatises in professorial, outline-on-the-board fashion ("In this chapter, I ask how...," "I hope to challenge...," "I will sketch a model...). With such broad scope, The Economics of Justice cannot avoid a certain disjointedness, and the author's faith in the wonder of human rationality poses a familiar problem for questioning readers. Yet the incisiveness of Posner's ideas shine brilliantly through the flaws...
...Posner's privacy rule thus dooms Mr. X to suffer because his sexual behavior, information the author considers legitimate for his employer to obtain, even though it could have no bearing on his reliability as an employee. Posner offers no remedy for such a flagrant injustice other than a grudging concession that "some presumably modest efforts to achieve a more equal distribution of income and wealth may be economically justifiable." It's not that callousness limits his ambition; only his faith in the decision-making capabilities of the owners of widget factories does it. Everyone is a rational maximizer...
COMMON SENSE and moral intuition, which confirm so much of what Posner says about economic science and its relation to ethics, reject his optimistic assessment of freedom of information and prejudice. Bigotry survives, economic cost regardless, and probably will continue for along, long time. As approximations go, rationality has served the world of economists well, but so have fairies and demons the world of storytellers. Certain remembrances of the real world might be only the tiniest grain of salt that readers need to take Posner's theories...