Question: Why in a rich nation is it important that we
Why, in a rich nation, is it important that we fully use our resources and technology to maximize our nation’s out- put? Is it only the level of total output that is important, or are the types of output that we produce also important? Do you think that the distribution of this output is just as important as its total amount?
Answer to relevant QuestionsDo you think our nation’s output should be distributed according to income or according to some other standard (such as basic human need)? Of what significance is the elasticity of demand for drugs in the debate about legalization of presently illegal substances? What are some of the costs of pollution control? Should we be willing to pay anything and sacrifice everything to eliminate all pollution? What could be done to help inner-city schools other than providing them with more funding? Were you surprised to learn that the United States has the greatest inequality of income distribution among the Western industrialized countries? What do you think are some reasons for this?
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