Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

George Stigler explains John Rawls’ veil of ignorance

July 29, 2019

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Source: Review of Michael J. Sandel’s What Money Can’t Buy: The Moral Limit of Markets by Deirdre McCloskey August 1, 2012. Shorter version published in the Claremont Review of Books XII(4), Fall 2012 via Deirdre McCloskey: editorials.

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Source: Deirdre McCloskey: editorials: Review of Michael J. Sandel’s What Money Can’t Buy:  The Moral Limit of Markets , New York: Ferrar, Straus and Giroux, 2012. Pp. 244 +viii. Index. by Deirdre McCloskey  August 1, 2012. Shorter version published in the Claremont Review of Books XII(4), Fall 2012. 

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Gordon Tullock wrote a 1979 New York Law Review book about avoiding difficult choices. His review was of a book by Guido Calabresi and Philip Bobbitt called Tragic Choices which was about the rationing: the allocation of kidney dialysis machines (a “good”), military service in wartime (a “bad”), and entitlements to have children (a mixed …

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James Buchanan was a classical liberal who admired the Swedish welfare state because it was based on the principle of generality.   Under Buchanan’s generality norm, governments impose uniform regulation and use flat rate taxes on uniform tax bases to fund an equal-per-head demogrant (or a guaranteed minimum income) to replace all existing government cash …

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