CRM/LAW C10 Lecture Notes - Lecture 8: Externality, Consumer Protection, Public Health
31 May 2016
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Lecture 8: constitutional liberty and rawls on inequality by prof. william thompson. We the people of the united states, in order to form a more perfect union, establish. Justice, insure domestic tranquillity, provide for the common defence, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this constitution for the united states of america. 5th amendment: no person shall be deprived of life, liberty, or property, without due process of law. 14th amendment: nor shall any state deprive any person of life, liberty, or property, without due process of law. According to libertarians, when is the government entitled to interfere with the liberty of a citizen: to maximize collective welfare of society, to prevent harm to another citizen, to redistribute income in order to relieve poverty, never. Preventing harm to others: fraud or deceit, externalities (e. g. , pollution, nuisance, exploitation (e. g. , of children or incompetents)
