Is Enforcing Political and Economic "Fairness" a Good Idea?

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I read an article arguing that everyone does not think of the notion of economic fairness in the same way. It states that, as Americans, we believe that all people are born equal and so should be treated equally. The article argues that some political policies have eroded the freedom we have as Americans and goes so far as to say, "What Americans oppose is a vast government trying to make all outcomes equal--regardless of individual effort. Egalitarianism is bad economics because it is heavily regulatory, and bad politics because it leads to class warfare. Worse, it is a bad principle because it destroys freedom." It states that the economy should be regulated much less than it is and allow the free market to determine more outcomes. When people lose their incentives to work, they will stop working.

http://www.foxnews.com/opinion/2012/01/26/economic-fairness-it-doesnt-mean-what-think-it-does-mr-obama/

Erik Pokki

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This page contains a single entry by pokki001 published on January 27, 2012 10:57 AM.

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