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Old 08-31-2007, 09:48 AM
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Default Baseball cards as an asset class

Posted By: JimB

Bruce said,
"One should also remember a very old proverb "How you stand on an
issue depends on where you sit""

This is why the great Harvard political philosopher John Rawls suggested that when we construct socio/political/economic system we should do so behind a "veil of ignorance". First you create a political system, and then you find out your place in the system. In other words, if you did not know if you would be a lawyer making 7 figures or flipping burgers at McDonalds, what kind of system would you create? If you did not know if you would be African American or white, or whatever, would you be in favor of a system with affirmative action, or not? If you did not know if you would be gay or not, would you favor gay marriage in the society you were creating or not? Honestly putting ourselves behind a veil of ignorance provides an interesting experiment in justice and fairness. Rawls was arguably the most important and influential American philosopher of the 20th century.
JimB

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