Public Economics
The Rawlsian approach is a philosophical framework for social justice that emphasizes fairness in the distribution of resources and opportunities. It is based on the ideas presented by philosopher John Rawls, particularly in his work 'A Theory of Justice,' where he argues for principles that ensure the least advantaged members of society benefit from social cooperation. This approach connects deeply with concepts of efficiency and equity, advocating for policies that not only achieve optimal outcomes but also promote fairness and social welfare.
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