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by unishark 2232 days ago
I've never heard of "models of market fairness", it sounds silly. I called the extreme where fairness was irrelevant an ideal. I take it you agree with that point. Though I don't see that much of what you are saying is particularly crushing to the ideal. In "the real world" one also doesn't need to switch jobs every day like a day trader changing stocks.

I also take it you concede that pursuing fairness leads to reduced efficiency? You can't very well serve two optimals.

1 comments

> I also take it you concede that pursuing fairness leads to reduced efficiency?

Efficiency of what? Yes, it reduces the efficiency by which overall wealth is created (whatever that means). And yes, it enhances the effiency by which a society provides for the needs of all.