This week’s topic is the free rider problem. “A free rider, in economics, refers to someone who benefits from resources, goods, or services without paying for the cost of the benefit”. We try and workout if someone who avoids paying tax, yet still takes advantage Read More …
Tag: normative ethics
Idle Talk 03 02 13 “Why is saving two is better then one?”
“Why is saving two people better then one? A matter of fairness” This week we are talking normative ethics. Imagine this scenario: A Coast Guard sees two ships in trouble and can only rescue one. One ship has 1 person aboard the other has 2. Most people would agree that Read More …