The Financial Crisis and the End of the Hunter-Gatherer

Will Hutton

Chapter 9 in Crisis and Recovery, 2010, pp 182-189 from Palgrave Macmillan

Abstract: Abstract Plato first argued the case for proportionality — and it is telling that justice in so many cultures is signified by a pair of scales. Retribution should be proportional to the crime. But so should reward be proportional to our extra effort. It is a fundamental part of human beings’ hard-wiring. The scales symbolically declare that justice is getting our due and proportional deserts.

Keywords: Financial Crisis; Public Debt; Credit Default Swap; Credit Rating Agency; Global Institute (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29491-2_10

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DOI: 10.1057/9780230294912_10

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