Courage and brazenness, which ordinary humans often lack, are essential assets for beggars. Courage- especially the kind that others cannot easily afford- holds significant value. This value stems from the essence of courage itself rather than its rarity. We need brazenness when we owe others for a time, yet we must act for ourselves, even at the cost of feeling remorse. Thus, intangible assets like courage and brazenness can replace tangible assets such as cash. Let’s not despair over our lack of material possessions. This does not imply that we should be beggars; rather, it suggests that there are many models in the world to follow. - Joseph’s “just my thoughts”
In 2002, Nobel Prize-winning economist Daniel Kahneman conducted an experiment called the “Dictator Game”. It was 1986. One of the two subjects was given $20 to share with the other. The first condition was that the recipient could exercise his veto power if he did not like the distribution ratio, and then, the ruler ensured that the giver did not have the money. The second condition eliminated the veto. In the first condition, most people who gave money were divided in half. In the second condition, however, the giver had about 70% and shared only 30%. Most people think of fairness to vested interests between 50% and 70%. But, in some cases, even though the recipient had a veto, the giver had 90% and wanted to share only 10%. At that time, it was beneficial for the recipient to receive at least 10%, but by exercising the veto power, the giver did not have the money either. This is the moment of conflict between justice and rationality. People do not make decisions based on reason alon...