Economists typically view free and mutually advantageous, Ask an Expert

Economics

Economists typically view free and mutually advantageous exchanges as a good thing - in the words of economists, they are "Pareto Improving." However, we may find in the literature on the "morality of market exchange" and in Nozick's historical notion of justice as entitlements reasons for viewing such exchanges in more negative terms. Explain.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9482686

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