If a society puts fairness above individual property rights, it will not be efficient, the pie will not be big, and it will not be possible to get the fairness of the original intention; Conversely, a society that puts property rights above fairness may be the closest to fairness. Also know that there is no absolute sense of fairness. "There are many, many bad things done with good intentions in economics."
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If a society puts fairness above individual property rights, it will not be efficient, the pie will not be big, and it will not be possible to get the fairness of the original intention; Conversely, a society that puts property rights above fairness may be the closest to fairness. Also know that there is no absolute sense of fairness. "There are many, many bad things done with good intentions in economics."