Wednesday, February 8, 2012

Fairness, 'fair share' and other myths...


Reading this article brings to mind Freidrich A. Hayek, wonder what he'd say about this push by the leader of the gov't on 'fairness'...

Stephen Moore does a nice job listing the way 'fairness' is defined by deeds, by actions, by 'doing'.

http://online.wsj.com/article/SB10001424052970204369404577206980068367936.html?mod=googlenews_wsj

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Share your unique economics experiences. What did you have to give up to gain that which at the moment seemed so necessary to you? Imperfect information spanked you and now diminishing marginal utility smacks you upside the head, eh?