Dan Bartels found that people who generally favor effortful thinking over intuitive thinking are more likely to make utilitarian judgments, and Adam Moore and colleagues found that utilitarian judgment is associated with better cognitive control abilities. #JoshuaGreene

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Adam Smith called it the paradox of value: when an important good becomes plentiful, it costs far less than what people are willing to pay for it. The difference is called consumer surplus, and the explosion of this surplus over time is impossible to tabulate. #StevenPinker