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Markets, Information, and Benevolence

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  • Brennan, Timothy J.

Abstract

In the January 6, 1991, issue of the Washington Post Magazine, reporter Walt Harrington wrote a profile of Bryan Stevenson. Mr. Stevenson is a 31-year-old working-class African-American from Delaware who graduated from Harvard Law School and the Kennedy School of Government. Like the typical graduate of Harvard Law School, Mr. Stevenson had the opportunity to join the worlds of six-figure corporate law or high-visibility politics. Rather than follow his colleagues, however, Mr. Stevenson works seven-day, eighty-hour weeks as director of the Alabama Capital Representation Center. He appeals death sentences, handling twenty-four death-row cases himself, supervises five other lawyers who cover about thirty cases, and raises federal government and foundation funding. He does this living a Spartan existence on a salary of $24,000, refusing even the $50,000 directorship salary offered to him.

Suggested Citation

  • Brennan, Timothy J., 1994. "Markets, Information, and Benevolence," Economics and Philosophy, Cambridge University Press, vol. 10(2), pages 151-168, October.
    • Handle: RePEc:cup:ecnphi:v:10:y:1994:i:02:p:151-168_00
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    Cited by:

    1. Brennan, Timothy J., 2006. ""Green" preferences as regulatory policy instrument," Ecological Economics, Elsevier, vol. 56(1), pages 144-154, January.
    2. Knox, Trevor M., 1999. "The volunteer's folly and socio-economic man: some thoughts on altruism, rationality, and community," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(4), pages 475-492.
    3. Brennan, Timothy J., 2007. "Consumer preference not to choose: Methodological and policy implications," Energy Policy, Elsevier, vol. 35(3), pages 1616-1627, March.

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