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181. What’s So Great About Meritocracy?

No Stupid Questions

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The Ovarian Lottery and Veil of Ignorance

The concept of the 'ovarian lottery' emphasizes the role of chance in determining one's circumstances at birth, and Warren Buffett suggests that if individuals could design the economic rules of society without knowing their own characteristics, they would prioritize fairness and equality, echoing the idea of the 'veil of ignorance' proposed by philosopher John Rawls.

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