This article refers and provides a link to the endowment effect. I had never heard of this economic theory. But now having read about it, I find it both fascinating and convincing. I appreciate the author bringing this idea to my attention.

I did not stop at reading this particular post, I explored the site reading a good number of posts. I very much enjoyed what I saw. I think you would profit by a similarly detailed look.

James Pilant

(source) Why do we say that people fighting for their rights are in fact fighting for the recognition of their rights? That people have rights even when the law doesn’t recognize these rights? That, in other words, people have moral rights that precede their legal rights? And that these moral rights can be used to evaluate and, if necessary, create their legal rights? At first sight, such statements imply the dubious ontological claim that moral … Read More

via P.a.p.-Blog | Human Rights Etc.