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"An uplifting and unified vision of a new, egalitarian liberalism, and a bold practical program for how we can reinvigorate democracy and transform capitalism-by a brilliant and charismatic young philosopher/economist."
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This paper reports an experiment designed to elicit social preferences over income compensation schemes, where income differences between subjects have two independent components: one due to chosen effort and the other due to random chance. These differences can be compensated through social...
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I study the egalitarian way of distributing resources across generations. Distributional equity deeply conflicts with the Pareto principle: efficient allocations cannot guarantee that i) each generation be assigned a consumption bundle that is at least as large as an arbitrarily small fraction...
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