Supposing you knew your income or wealth percentile beforehand, in what type of society would you choose to live? This variation on John Rawls’s famous thought experiment can help shed light on the nature and consequences of egalitarianism.

Edward P. Stringham is a Research Fellow at the Independent Institute; Kathryn Wasserman Davis Professor of Economic Organizations and Innovation and Deputy Director of the Shelby Cullom Davis Endowment at Trinity College; and contributor to the book In all Fairness: Equality, Liberty, and the Quest for Human Dignity.
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Economic InequalityEconomic PolicyEconomy
Other Independent Review articles by Edward P. Stringham
Spring 2017 Hamilton’s Legacy and the Great Man Theory of Financial History
Spring 2005 Is Government Inevitable?: Comment on Holcombe’s Analysis
Summer 2004 Commerce, Markets, and Peace: Richard Cobden’s Enduring Lessons
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