Book Review: Equality and Efficiency the Big TradeOff

Equality and Efficiency: The Big Tradeoff (A Brookings Classic)Equality and Efficiency: The Big Tradeoff by Arthur M. Okun
My rating: 4 of 5 stars

Very interesting book, written back in the 1970s, and still relevant. While this was written 40 years ago, the challenges between equality and efficiency is one that continues to bedevil us, and has recently returned to to forefront of discussion. Considering this, I think that this book is definitely worth revisiting especially considering the very pragmatic way that Okun approaches the subject. I really liked the way that Okun presented the issue of having to balance social good with economic efficiency. I found his frank discussion appealing, especially with how objective he tried to be showing both the pros and cons of different decisions that each society must make, as well as his own preference of where he would have liked society to have come to.

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