9Protecting the Common Welfare
THE PRINCIPLE OF THE PUBLIC GOOD
As semipublic governments, public corporations aremore than pieces of property or private contracts.They have a responsibility to the public good.
In devising changes to our economic system, the real issue is one of choice—of learning to see the invisible choices we don’t realize we have. The idea of unseen choice is a lesson my friend Laura taught me, and she did so quite offhandedly one evening, when I saw her confront a toddler who was refusing to go to bed. She rolled her eyes in exasperation and told him—in a routine I could tell was well-rehearsed—“OK, Marcel, the choice is yours. Do you want to wear blue pajamas or red pajamas?” He thought long and hard in his toddler mind ...
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