Tuesday, November 08, 2011

This is really, really good

This is interesting, and useful.

Totally nails the problem with the "production v. distribution" mistake that JS Mill made and that so many have repeated since.

And, doesn't it matter that the poorest are much better off? That, unless you want to elevate the sin of envy to the status of virtue ("let's call it 'social justice!', and then it will sound like a good thing!"), should be the main concern.


Kevin said...

For Mill, matters are considerably more complicated than many classical liberals (including Hayek) believe:

Anonymous said...

THanks, Kevin! That's very useful.