Is it morally wrong to profit from other people's mistakes or stupidity?
Much depends on whether one is profiting passively or actively (taking advantage). Passive profiting is generally alright (as when you continue to enjoy the great view from your living room because your neighbor mistakenly believes that it would be illegal to build a highrise on the adjacent property). Taking advantage is generally wrong, especially when, exploiting another's stupidity, you cause her mistake (e.g., by provoking her to agree to an unwinnable bet). Somewhat less active cases are ones where you have no role in bringing about the mistake, but nonetheless do something to exploit it. This may be wrong -- as when you pick up a chunk of money another has dropped and keep it rather than try to get it back to its owner. Or it may be alright in minor cases, as when you keep some change you find in a pay phone's coin return. The moral situation changes in competitive game contexts in which such profiting is understood to be part of the game. In such a game (e.g. chess, poker, boxing), it is...
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