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  • Libertarianism vs. Utilitarianism

    Within the field of economics there is a concept known as the equity-efficiency trade-off. Efficiency is regarded as objective. While equity is subjective and filled with value judgments. Since equity is normative the concept of fairness must be determined. Fairness is actually far more objective than...
    Posted to Political Theory (Forum) by Lawrence on Wed, Aug 3 2011
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