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> Neoclassical economics preaches that all is fair with the distribution of income. Income differences, the theory claims, stem from differences in productivity
by MockObject 4y ago
> Neoclassical economics preaches that all is fair with the distribution of income. Income differences, the theory claims, stem from differences in productivity.
I'm not an expert, but this sounds like a scientific idealization, like a frictionless surface, and not a genuine and absurd description of reality.