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book Microeconomics 2nd Edition by Douglas Bernheim cover

Microeconomics 2nd Edition by Douglas Bernheim

Edition 2ISBN: 978-0071287616
book Microeconomics 2nd Edition by Douglas Bernheim cover

Microeconomics 2nd Edition by Douglas Bernheim

Edition 2ISBN: 978-0071287616
Exercise 10
After reading Section 16.6, a student proposes a system of taxes and transfers based on the intelligence quotient (IQ). She argues that intelligence is not chosen, and that its closely related to economic success. She concludes that redistributing resources from people with high IQs to people with low IQs will promote equity without compromising efficiency. What do you think of this proposal Why
Explanation
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Besides the obvious problem that this co...

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Microeconomics 2nd Edition by Douglas Bernheim
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