Search Results for: "merit good"

Okun’s merit goods

I’m reading Equality and Efficiency: The Big Tradeoff, by Arthur Okun. The first paragraph lists some merit goods in the US: Justice Political rights Access

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Reflex: August 30, 2011

Is health reform like the civil rights movement? That’s what Jay Angoff, special adviser to HHS Secretary Kathleen Sebelius, suggested, reports Lachlan Markay (Politico). Austin’s comment:

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Ethics versus efficiency

If there exists a society that doesn’t struggle with the ethics (or equality) versus efficiency tradeoff, I’ve never heard of it. Moreover, the U.S. is

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