| ▲ | recursive 3 days ago | ||||||||||||||||
> The optimum amount of lawbreaking is non-zero This is a new idea for me. How is optimality measured here? Aggregate utility for society? What's the independent variable? Is this from the perspective of law-makers? If I was on a desert island, should I do some crime to ensure optimality? | |||||||||||||||||
| ▲ | iamnothere 3 days ago | parent [-] | ||||||||||||||||
This idea was explored recently here: https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra... This is just another form of Blackstone’s ratio: https://en.wikipedia.org/wiki/Blackstone's_ratio The problem itself is an ancient one and you can find a number of texts that explore the idea from various angles. | |||||||||||||||||
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