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Should we look for "efficient", or should we look for "fair"?

After all, no citizen has an innate claim to more of the stuff than any other, given that it's all imported and thus heavilty dependent on public infrastructure and institutions to be available to us...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Jun 11th, 2008 at 12:55:03 PM EST
[ Parent ]
Let's not mix up efficiency with fairness. Gasoline is most efficiently distributed using price as the rationing variable, as are almost all goods.

Fairness we get through the progressiveness of the income tax system.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Jun 11th, 2008 at 07:06:59 PM EST
[ Parent ]

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