…port, and so quality of life falls. Growth flowing only to the very top is a recipe for revolution, because it is the least socially productive way for society to allocate its resources.

Why The Biggest Problem in the World is Also the Easiest to Fix
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umair haque
Sarah Newcomb
Jan 18, 2017 · 1 min read

I often think that the key issue in economics is the debate over distributive justice. A society’s attitude about what is ‘fair’ to do with collective resources determines the economic system that will emerge.
In this case, you’re talking about private resources, which digs a bit deeper in to the debate: who or what determines what is a public and what is a private resource, and what rules govern each?

    Sarah Newcomb

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    Sarah Newcomb

    Behavioral economist at Morningstar DC/HelloWallet, loudmouth, yogi, occasional blogger, Star Trek junkie.

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