Empirical evidence that free markets make people nicer My Times column on free markets and free trade: The “ultimatum game” is a fiendish invention of economists to test people’s selfishness. One player is asked to share a windfall of cash with another player, but the entire windfall is cancelled if the second player rejects […]
Montesquieu’s “sweet commerce” and Cobden’s “God’s diplomacy”
Matt Ridley