Episode 123: What Does Equality Even Mean?
Words & Numbers
00:00
The Economics of Inequality
While the public talks a lot about economic inequality, it's really not something economists talk that much about. John Rawls talked about this and he said, look, in a social setting, if it makes the least advantage of us better off, it's just. Perfectly just trade actually fits that description. But why is it that we find such problems where we probably shouldn't be finding them?
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