Social Justice, Public Goods, and Rent Seeking in Narratives
By Vincent Geloso, Phillip W. Magness
Classical liberals have made valid criticisms of the term social justice, but they should be more sympathetic to the quest to reduce certain kinds of group disparities, especially ones that stem from rent-preserving barriers to entry. Those barriers include narratives that raise the cost of replacing general societal rules that favor a given coalition of interests.
This article will be posted in full nine months after its initial print publication. To read it now, please buy an electronic version of this issue for $2.99 (available on iOS, desktop browsers, Kindle Fire, and Android), or buy a print copy of this issue for $12.00.
|Other Independent Review articles by Vincent Geloso|
|Summer 2017||Inequality:First, Do No Harm|
|Other Independent Review articles by Phillip W. Magness|
|Spring 2017||Alexander Hamilton as Immigrant:Musical Mythology Meets Federalist Reality|
|Summer 2015||Leonard P. Liggio:Man of Peace|