S E20: Inequality - Understanding the Gap between Rich and Poor
Think Like An Economist
The Importance of Fairness
Many people believe that fairness means we need more equal outcomes. There are some interesting experiments which show how much people believe in a quality of outcomes. In contrast to this one of the other key beliefs about fairness is related to equality of opportunity. This is about giving people level playing field so they have a similar chance at doing well in life.
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