Genetic Lotteries and Egalitarian Redistribution
I wrote a comment on Karl Smith’s post about genetics and egalitarianism, but I thought it might be worth elaborating on the point. Let’s suppose that a genetic lottery is about to be held. You have a...
View ArticleDoes Redistribution Even Increase Utility?
Greg Mankiw has an essay forthcoming in the Journal of Economic Perspectives that purports to defend the one percent. Mankiw contrasts the standard “social insurance” view of redistribution with his...
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