CANS 200 Lecture Notes - Lecture 10: Avail, John Stuart Mill, Risk Aversion

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Director if institute of health and social policy: about understanding how social policy affects rate of inequality among different groups of people with regards to their health. Donald trump born with a huge inheritance: don"t want allocation to reflect unfairness, rawls proposed the following thought experiment: Imagine a situation in which we all have to think about the principles we want to have govern our society: do it from behind the veil of ignorance. Some people are predisposed to be advantaged (socio-economic lottery of what sort of situation you can be born into) Some people, because of their genetic endowment are very tall physically advantaged for basketball. Given equal effort and talent, a tall person is more advantageously situated in terms of making it to the nba. Can develop talent through their own effort, but can"t do anything to make themselves taller (root genetic luck) Equality of opportunity: one of the core values of egalitarian democratic society.

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