Read the excerpt from Levitt and Dubner's Freakonomics
There is a talo, "The Ring of Gyges," that Feldman sometimes tells his economist friends. It comes from Plato's
Republic. A student named Glaucon offered the story in response to a lesson by Socrates-who, like Adam Smith,
argued that people are generally good even without enforcement. Glaucon, like Feldman's economist friends,
disagreed. He told of a shepherd named Gyges who stumbled upon a secret cavern with a corpse inside that wore a
ring, When Gygos put on the ring, he found that it made him invisible. With no one able to monitor his behavior, Gyges
proceeded to do woeful things-seduce the queen, murder the king, and so on. Glaucon's story posed a moral
question: could any man resist the temptation of evil if he knew his acts could not be witnessed? Glaucon seemed to
think the answer was no. But Paul Feldman sides with Socrates and Adam Smith--for he knows the answer, at least
87 percent of the time, is yes.
The example in the excerpt helps the authors arrive at which of the following conclusions?
The majority of people are corrupt.
The majority of people are honest,
Glaucon and Paul Feldman were wrong,
Socrates and Adam Smith were wrong,
HURRY PLEASE