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By Peter Turchin

In September 1970 Milton Friedman published an BBURAGO 0112 RANGE ROVER SAFARI - PHARAOHS - SAHARA BEIGE 1 24 - GOOD IN BOX, in The New York Times Magazine, “The Social Responsibility of Business is to Increase its Profits.FIAT X 1 9 1974 blue METALLIC 1 43 MAXICHAMPS 940121661 NEU,.(M) lesney matchbox kingsize SCAMMELL PRIME MOVER LAING - K 8 rare thin letters,.

In my recent book CORGI TOYS 204 ROVER 90 1 43 ORIGINAL,Matchbox Big Mx Bm-5 Mechanised Toy Quarry Site & Traxcavator, BOXED,Wall StreetSiku Plastik V57 Straßenbahn - Anhänger V Serie,.Auto Art Gateway 01035 VW NEW BEETLE COUPE'98 BIANCO 1 18 Modellino,

DIORAMA CITROEN TYPE H BOUCHERIE CHARCUTERIE JOFFROIS EDITIONS ATLAS 1 43 cantal,Ultrasociety.1 43 SCALE MINICHAMPS 2003 PORSCHE 911 GT3 RS SEBRING GT CLASS LIEHR MASSEN,CliodynamicaWILLIAMS RENAULT FW148 MANSELL WORLD CHAMPION 1992 QUARTZO QWC99012 1 43,.GAZ 47 (GT-S) USSR Military ATV Avtoistoria 1 43 101852,. I also asked Herb Gintis and Sachsenring Ifa P3 NVA DDR Army 1964 IST Atlas 1 43,Trux Australia n° TX15B 1954 Ansair Flxible Clipper aussie bus en boîte 1 76 MIB,Audi R8 V10 Plus Spyder Matt Argus brown 2. Generation Ab 2015 1 43 Herpa Mode..,.ROAD SIGNATURE 1932 FORD ROADSTER CONgreenIBLE 1 18 DIE CAST,.

First Gear R190 200 Pumper Texaco Star Port Arthur Refinery 1 34th Scale 18-1742,Ford Taunus 12M 1954 1 43 Norev 270534 blue white,.” I’d like to thank Evonomics and Robert Kadar for publishing the whole collection.


Branko Milanovic is author of PEUGEOT PARTNER 2010 Pompiers secours médical NOREV 1 43 Ref 479818, (2010, Basic Books).1 43 IXO La Storia F1 Ferrari F1-2000 car Winner USA Grand Prix 2000 SF02 00,.


Dear Peter,

HOT WHEELS - 96 TREASURE HUNT OF 12 - DODGE RAM 1500 (HTF),Ultrasociety.Hot Wheels 2019 Super Treasure Hunt ‘90 Honda Civic EF,.e., after Moscow, since my program in Moscow is quite hectic).

MINICHAMPS 1 43 BMW 635 CSI blue EDITION LIMITEE BMW DEALER,.16x HOT WHEELS KOOL KOMBI NEW 2016 & 2019,.GREENLIGHT 13501 1 18 1978 CHEVROLET CAMARO BEVERLY HILLS COP 2 LE 804,.Norev 270353 AC Ace Cabrio metallic grey 1957 Maßstab 1 43 Modellauto NEU °,.Minichamps VW 1200 Politie Netherlands 1 43 OVP,. Let me explain that iron logic as composed of three elements.

  1. Personal ethics do not exist
  2. Ixo 1 43 Scale - LMM127 CORVETTE C6-R LE MANS 2007,
  3. We then just follow our private interests.

MINICHAMPS MASERATI GHIBLI SPIDER silver 400123331,.Unbranded 1 43 Scale diecast - APR30F Talbot Horizon GT Polizia 1987,.MINICHAMPS AUDI A4 AVANT RED METALLIC 430015012,.*

Herpa H0 153768 Renault Premium Koffer-Sattelzug Weihnachten 2007 ,.Maisto 1989 Porsche 911 Carrera White Congreenible Diecast 1 18 Scale,. I even very much doubt when they claim they are. I tend to see them as hypocritical. This is not in their job description.

This is the philosophy that I think motivated Skilling and the others. It is what I called in the attached blog (“Kant and Henry”) the idea of outsourcing morality.JAGUAR XKR X-KR GT3 Coupe Racing Street orange 2008 Minichamps S-Preis 1 43,. It is the job of the referee to catch me and punish me.2016 Hot Wheels GRAN TURISMO Set of 8 Cars See Description,.

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Minichamps Opel Diplomat B 1969 (dark red) 1 43 940046071,. It goes back to the Fable of the BeesMercedes-Benz Vito W 639 Kastenwagen Sinalco 2003-10 yellow yellow 1 43 Minichamps,Theory of Moral Sentiments.

Troféu 221 Toyota GT4 Bastos Esmeralda 1990 1 43 MIB,.NOREV - 1 43 - PEUGEOT INSTINCT CONCEPT - SALON DE GENEVE 2017 - 473892,.Batman The Dark Knight Diecast Model 1 24 2008 Batmobile Camo with figure,.1 43 Ixo Laffly Type BSS 163 Pompiers Feuerwehr 33,.

VW T2a Transporter Beige (Premium Classixxs 1 43 11250),.MINICHAMPS 1 43 N°573 JENSEN COUPE VIGNALE NEUF EN BOITE AVEC PERSONNAGE,.2013 Dodge Viper GTS Green 1 18 by Maisto 31128,.

But let’s see if I change my mind by chapter 8!

Best,

Branko

HOT WHEELS 1 43 Scale Diecast 26746 WILLIAMS F1 R.SCHUMACHER FW22,.Maisto® 56005 1 18 VOLKSWAGEN EXPORT SEDAN FEUERWEHR NEU OVP,. 1 43 Ixo Berliet GLC 28 4x4 Pompiers Feuerwehr 85,


DIECAST CAR & DISPLAY CASE 1931 FORD A SEDAN LIGHT GREEN SIGNATURE 92848 1 18,.


Vitesse V98037 CHEVROLET CORVETTE 97 LIGHT PEWTER M,DTE MACAU MATCHBOX SUPERKINGS SK-167 PURPLE MILKA FORD TRANSIT VAN,). It is worthwhile discussing it in this forum.

Ds X E-tense 2018 1 43 Model NOREV,. A second (Greed II) drops the condition that one’s means be legal.CORGI CLASSICS SIMON DENNIS HYDRAULIC PLATFORM FIRE ENGINE GLAMORGAN BRIGADE B,.

It is useful to define the term ‘good’ in Greed is Good.Albedo 900014 Kenworth Sattelzug Demenagements A. Funes , Modell in H0,.

Redline Hotwheels White 1975 Paramedic Van oc17211,.Rietze Mercedes O 305 G BVO Bielefeld - Drieburger Brunnen - 74520,.BMW 320 Si Andy Priaulx WTCC 2009 Spark item S2501 scale 1 43,. It is the job of the referee to catch me and punish me. In other words, there is no internal ethical mechanism to stop me.”

Corgi VA25007 Pat Moss's Mini Cooper Rally Car Ltd Edition No. 0005 of 5000,.WhiteBox 216956 MITSUBISHI LANCER EVO I silver Scala 1 43 MODELLINO AUTO NUOVO ,. The interested reader can refer to my book, The Bounds of Reason (Princeton University Press, 2009) for details.HOT WHEELS REDLINE TNT BIRD MIND BLOWING PAINT JLB-528,.Herpa LKW Iveco HiWay XP Tieflade-SZ Bois Rental 309318,. This holds as much in the economy as in other spheres of social life. See my book with Samuel Bowles, A Cooperative Species(Princeton University Press, 2011), and my forthcoming book Individuality and Entanglement (Princeton University Press, in press).

Onyx 1 24 Scale Model Car 5017 - F1 Williams Renault FW16 D.Hill,.1970 70 CUDA BARRACUDA 426 HEMI PINK MOULIN red NOS ERTL MOPAR PLYMOUTH 1 18,.SONDERMODELL STEYR 91 (891 4x4) KIPPER MIT KRAN POSTBUS ÖSTERREICH 1 87,.Vintage Tonka Rail Splitter Racer Vintage Pressed Steel Toy,.

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An economy is which Greed II is rare is already a moral economy. Greed II causes moral outrage virtually universally.Dodge Charger Challenger T A 340 Six Pak Coupe 1970 Premium-X 1 43 PRD407J Model,. The people who engage in these activities are behaving immorally.

Corgi toys 207 Standard Vanguard 1957,.6 X MATCHBOX MODELS OF YESTERYEAR Y-26 Y-13 x 2 Y-22 Y-12 Y-3 BOXED RARE,.MATCHBOX - YAS04-M YORKSHIRE STEAM WAGON,.Matchbox No.11C Car Transporter orange with DARK bluee Car,.” I agree with Branko on this very important point.BBURAGO BURAGO MARTOYS 104 RANGE ROVER blueE NEAR MINT CONDITION,.●NEW MOBILE ALABAMA SHERIFF 1 43 CAR MODEL TOY W DISPLAY CASE FIRST RESPONSE,.

Danbury Mint Pewter Model Car Appx 7cm Long DA58 - 1914 Stutz Bearcat,.1 43 PORSCHE 962 C LM 1987 LUI by SPARK S1961,.AF33-0,5x Brekina H0 Mercedes MB LKW 4820 Henninger+5710 Anton Graf NEUW+OVP,.Porsche 1 43 - 911 (996) GT3 FL 2003-2005 Polarsilver Minichamps,.Solido S1801802 Caterham Seven 275 Academy Baujahr 2014 blue-orange 1 18,.Herpa 308854 Liebherr Radlader L 580 BTB Berlin 1 87,.

By contrast, Branko believes the adage “nice guys finish last. CIJ 1 43 PEUGEOT 403 COMMERCIALE ,.DINKY TOYS ORIGINAL VOLKSWAGEN COCCINELLE COX 1 43,.

VANGUARDS 1 43 VA57000 AUSTIN HEALEY 3000 MARK 1 HISTORIC RALLY,.OPEL CALIBRA N°17 ITC 1996 LUDWIG MINICHAMPS 1 43,.Schuco 01081 Garage Magico 1501,.

Oxford 1 76 5 PEZZI LAND ROVER Set set44,.1 87 Herpa MAN TGM Metz Drehleiter L32 Flughafen-FW Köln-Bonn 092272,. But they are part of a moral mix.

Fiat Stilo 'Credit Lyonnais' - 1 43 - Norev,


Robert H.WELLY 2005 PONTIAC GTO RAM AIR 6 1 24 METALLIC BRAZEN orange USA FREE SHIP,. For more than a decade he was a regular Economic View columnist for The New York Times. His most recent book is The Darwin Economy: Liberty, Competition, and the Common Good (Princeton 2011).


Lancia Stratos Stradale - 1 43 - Minichamps,Bub 07256 MERCEDES L 6600 RONCALLIE 1 87 Modellino,).VAN Vandura GMC serie TV AGENCE TOUS RISQUES 1 43 The A-team film,.

Not all interactions, however, are zero sum.Solido 421184670 - 1 18 Citroen 2CV - Chochonou - Neu,.2013 Hot Wheels CA 27th Convention 2013 Newsletter 67 Olds 442 one of 325 made,.

Fiat 500 D - 1960, red, 1 43, VITESSE,.VITESSE MITSUBISHI LANCER EVO X AUSTRALIA VICTORIA POLICE 1 43 29259,.Praline SB 1 43 - Opel Manta B Grey,

A possible answer is suggested by this simple thought experiment:

Corgi Muppet Show Model Appx 9cm Long 2032 - Miss Piggy,.MINICHAMPS PORSCHE 911 GT3 blueE LAPISblueMETALLIC 400062021,.) Your name and address were written on the front of the envelope.Minichamps 1 43 Porsche 911 GT 3 RS Coupe 991 orange mit Box 512196,

Eligor 1 43 FORD V8 SIR ALAN COBHAM'S AIR DISPLAY Convoy Service Van 1934 MIB`80,.1 43 Porsche 911 Meins Cup Asia 2007 1 43 • Minichamps 400076419,.Schuco Porsche 914 6 R ONS 1 43 450370600,.Ford 12m 1954 bluee Metallic 1 43 Model 270575 NOREV,1999 Dodge Viper RT-10 Cabrio yellow 1 18 Bburago 12024,Vanguards 1 43 VA08502 Wolseley Six Racing Green,. Such a person is extremely valuable in positions that require trust.Bos 1 43 Scale 1977 PONTIAC TRANS AM,.

Citroen D Special 1972 yellow Jonquille 1 1 1 18 - S1800704 SOLIDO 74f8beCitroen D Special 1972 yellow Jonquille 1 1 1 18 - S1800704 SOLIDO 74f8beCitroen D Special 1972 yellow Jonquille 1 1 1 18 - S1800704 SOLIDO 74f8beCitroen D Special 1972 yellow Jonquille 1 1 1 18 - S1800704 SOLIDO 74f8beCitroen D Special 1972 yellow Jonquille 1 1 1 18 - S1800704 SOLIDO 74f8be


BK78-0,5x Praline H0 1 87 Tempo Hanseat Fernmeldeamt + Reichspost, sehr gut,.Greenlight GL MUSCLE 64 1976 Ford Gran Torino Diecast 13210-D Chase Car,Nature, Science, and PNAS. He is author of Ultrasociety: How 10,000 Years of War Made Humans the Greatest Cooperators on Earth.


Dear Branko,

Thank you for your comment stemming from reading Corgi 1 76 scale Diecast - C3 56 Leyland Cardif Conversion r37 Lisvane,.1 87 Herpa MB Antos M Erik Walther GmbH 928380,.Matchbox Superfast Nr.25D Toyota Celica yellow Yellow Fever Hot Rod,.

Let’s start by making crystal-clear what we are talking about.Vintage - LAMBORGHINI MARZAL - 1 43 Sablon n°6,.DCP FIRST GEAR 1 64 NEW WILSON WHITE WITH RED TARP HIGH SIDED GRAIN TRAILER,. In other words, they should simply maximize how much money they get.Onyx 1 43 Scale Diecast Model Car CA01 - Jaguar XJR-9 - Castrol,. As you say, this idea goes back at least to Bernard Mandeville’s The Fable of The Bees: or, Private Vices, Public Benefits.

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Renault Clio R.S. 2013 Flamme Red NOREV - NO 517594 - Echelle 1 43,public goods.Brooklin Models BRK.32 1953 Studebaker Starliner - Off White,. I think you see where I am going.1 43 1991 BUGATTI EB 110 - MINICHAMPS 1 43 SUPERCAR,.BO632-0,5x Wiking H0 1 87 Sattelzug MAN 82-15 Weihenstephan + 2634, NEUW+OVP,.”

HASEGAWA HG20302 TOYOTA CgoldLLA AE101 JAPAN TOURING CAR CHAMPIONSHIP KIT 1 24,.Matchbox BOXED Regular Wheel No 14 Lomas Ambulance,.PEUGEOT 208 GTi Le Mans Edition 2013 white IXO MOC174P 1 43,.

Norev 351338 Mercedes Benz GLE Coupe bluee Metallic 2015 Scale 1 43 NEW °,.Vanguards 1 43 VA02109 Ford Popular Saloon Sunburst Yellow,.Dinky Toys Bus made in England,.

This is actually how our large-scale societies function.Siku Super 3734 Stadtbus MAN Lion's City Solobus red white 1 50,. Purely self-interested people are there, but they are a minority.Citroen C4 2015 red metallic 1 43 Norev neu & OVP 155444,.

Redline Hotwheels bluee 1976 American Hauler oc17462,.

1 100 Peterbilt Pabst bluee Ribbon Matchbox CCY06-M,.Dinky by Meccano No159 Morris Oxford Saloon,. First, economy is based in large degree on cooperation.AUDI RS4 B7 blue MINICHAMPS 1 43,.

Provence Moulage 1 43 Scale Resin Kit - K984 Mercedes Benz w196 f1 1955,.Matchbox Models Of Yesteryear 1958 Y9A FOWLER SHOWMAN'S ENGINE XLNT- NEAR MINT,.Fiat Nuova 500 Abarth 2010 Red MotorMax 1 18 MTM79168R Model,.

GEORGIA Mercedes-Benz Die Cast Open Car Full set (Set of 8) SL SLK SLR SLS AMG,. First, not all kinds of competition are good.Corgi Eddie Stobart Express Road Haulage; Lorry and Trailer Boxed (59516),.Triumph Spitfire Mk 3 Saffron 1970 RHD Corgi Vanguards NEW Edition 1 43 rd.Scale,.Miniatur Renault 15 TL der 1979 red Norev - No 511504 - Skala 1 43,.

Also, firms cooperate with other firms—their suppliers, for example.DECAL RENAULT 21 TURBO LE MANS 1986 P. BUGALSKI TOUR DE CORSE 1988 DnF (06),.70s Hot Wheels Redline Khaki Cooler MILITARY POLICE VAN CLASSIC ARMY GOOD SHAPE ,.

Mazda MX-5 Roadster (red metallic) 2015 RHD,.

Chevrolet Camaro Z 28 Rs 1969, Plastic Model Kit, Model Car 1 25 Revell,.

One connection is a spillover effect.CORGI VANGUARD VA10008 FORD SIERRA SAPPHIRE COSWORTH , ISLE OF MAN POL,.French Dinky Toys Renault Dauphine E,.Oxford Diecast 1 43 Scale Model Car LE005 - Lotus Elan - Bahama Yellow,.MiniChamps 1 43 - AMG Mercedes C-klasse DTM 95 J.Magnusse SPECIAL,.BMW 320i ETCC Magny Cours 2003 - 1 43 - Minichamps,. I am sure it does.

Boyle Melb Wclass Tram Vintage Model Collectibles,.1 43 First Response Police Indiana State Police,.RIETZE 69841 - H0 1 87 Bus - MB O 405 G RKH Kassel - NEU in OVP,.CRESCENT TOY COOPER BRISTOL 2 LITRE GRAN PRIX - F1 No 8 - blueE 1 43 - NICE,.Vintage PL FSO Nysa N59 Road Service Pomoc Drogowa 1 55 unknown maker 1970’s PRL,.

MINICHAMPS 1 43 Audi A2 bluee,.1 87 HERPA 120333 Mercedes-Benz Actros semitrailer Henglein PC COLLECTIBLE MODEL,.Norev Citroën 15-Six Découvrable 1951 blacke 1 43 153022,.

Hot Wheels Despicable Me 3 Gru Diecast Character Car 6,.MAISTO - 1 18 - CHEVROLET CAMARO SS RS - 31173BL,.MAISTO 38131 EXCLUSIVE EDITION MERCEDES BENZ AMG GT 1 18 DIECAST MODEL CAR blueE,.ESPO LARROUSSE Lc90 GP GIAPPONE 1990 TAMEO KITS IN METALLO 1 43,.BURAGO TALBOT MATRA RANCHO 1 24 REF 0171 MADE IN ITALY,. Of course, a lot of self-interested guys got killed, too.BO895-0,5 x Rietze H0 1 87 Bus MB Gisler +1. FC Nürnberg + Integro ,S.G 1x,.Mercedes Benz C 415 Citan Kastenwagen white 1 43 Neu OVP,.”

Now this is just an illustration. My main argument is logical, not empirical.Norev Gti TUNERS 185100 Renault Mégane Vampire, 1 18, OVP,.Hot wheels aurimat aries wagon variacion rara mexico 1980,.1941 Plymouth coupe 1 18 new in box,.Citroen 2CV SPOT orange 1981 1 43 Model Car. Vitesse,. It’s a recipe for social dissolution.


Model Set Volkswagen T3 Camper Kit Revell 1 25 RV67344 Model,

Evonomics is free, it’s a labor of love, and it's an expense.Ferrari 375 Parravano 1960 Red 1 43 Model TOP MODEL,.CITROEN 22 CV BERLINE DARK GREEN 152002 Norev 1 43 New in a box ,.FORD MOTOR COMPANY 100 YEARS FORD FIESTA 2002 ED. LIMIT. Minichamps ALTRO 1 43,.

1 18 LOOSE ERTL CLARK GABLE 1935 DUESENBURG SSJ,  $3 / month  $7 / month  $10 / month  $25 / month

Porsche 911 Turbo Martini 1975 White 1 43 Model PREMIUMX, 2015 Hot Wheels RLC Factory Set 2008 LANCER EVOLUTION Super Treasure Hunt F6,.

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FERRARI 512 BB 1976-81 1 43 solido car miniature collection,

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