Question
Please help me with this Economics questions Consider the society/country you live in, or another other country with which you are familiar. Evaluate that country
Please help me with this Economics questions
Consider the society/country you live in, or another other country with which you are familiar. Evaluate
that country according to substantive and procedural fairness, and consider which aspects of fairness you
would prioritise.
(a). To make the country fairer (according to the substantive judgement of fairness),
(i). do you prefer greater equality of income, happiness, or freedom? Why? [10]
(ii). Is there a trade-off between these aspects? [10]
(b). Are there other things that should be more equal to achieve a greater substantive fairness in your
country? {Hint: Discuss any or a combination of indicators of substantive fairness such as wealth,
health outcomes, and education outcomes} [15]
(c). How fair is your country, according to the procedural judgement of fairness? {Hint: Discuss the
rules rather than the allocation, e.g., is there equal opportunity of economic advantage} [15]
Question 3
As most countries, including Lesotho, are dealing with the second wave of coronavirus, policymakers are
faced with a trade-off between maximizing social distancing measures to suppress the disease and the need
to maintain some sense of normal economic activity. Some pundits claim this to be a classic example of
equity-efficiency trade-off in economic policies. As an "expert" in Economic Analysis and Policy what do
you think? [15
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