While globalization improved the lives of millions, other challenges exist. We live and thrive in a world where each individual is unique. This environment requires accommodations for these differences. However, there are many different approaches to tackle the problem. As a result, the proposed solutions to society’s challenges vary widely.
Let’s apply the concepts explored in this story to these seemingly intractable problems. This chapter looks at some of the unsolved economic questions facing our world. Our journey takes us through the social justice jungle by addressing inequality, income redistribution, and climate change issues.
Friedrich Hayek (1960) felt the aim of the struggle for liberty ...
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