A problem here, however, is the Myerson–Satterthwaite result which suggests that auction runners, to enable clean and helpful auctions for others, risk being hurt when they express and seek their own true preferences, or (if they take no such risks) become bad auctioneers for others.
The thing that seems like it might just be True here is that Good Governance requires personal sacrifice by leaders, which I mostly don’t expect to happen, given normal human leaders, unless those leaders are motivated by, essentially: “altruistic” “moral sentiment”.
It could be that I’m misunderstanding some part of the economics or the anthropology or some such?
But it looks to me like if someone says that there is no such thing as moral sentiment, it implies that they themselves do not have such sentiments, and so perhaps those specific people should not be given power or authority or respect in social processes that are voluntary, universal, benevolent, and theoretically coherent.
The reasonableness of this conclusion goes some way to explain to me how there is so much “social signaling” and also goes to explaining why so much of this signaling is fake garbage transmitted into the social environment by power-hungry psychos.
A problem here, however, is the Myerson–Satterthwaite result which suggests that auction runners, to enable clean and helpful auctions for others, risk being hurt when they express and seek their own true preferences, or (if they take no such risks) become bad auctioneers for others.
The thing that seems like it might just be True here is that Good Governance requires personal sacrifice by leaders, which I mostly don’t expect to happen, given normal human leaders, unless those leaders are motivated by, essentially: “altruistic” “moral sentiment”.
It could be that I’m misunderstanding some part of the economics or the anthropology or some such?
But it looks to me like if someone says that there is no such thing as moral sentiment, it implies that they themselves do not have such sentiments, and so perhaps those specific people should not be given power or authority or respect in social processes that are voluntary, universal, benevolent, and theoretically coherent.
The reasonableness of this conclusion goes some way to explain to me how there is so much “social signaling” and also goes to explaining why so much of this signaling is fake garbage transmitted into the social environment by power-hungry psychos.