Distributive Justice and Consumer Welfare in Antitrust

Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence

S hould the United States pursue a vigorous antitrust policy? Soon after the passage of the Sherman Antitrust Act of 1890, economists led by John Bates Clark (1901) argued that the enforcement of such laws should be informed by the prevailing economic theory on the merits of competition and the extent to which firms’ conduct can enhance or weaken competition. However, economic theory since then...

Distributive Justice

Distributive justice concerns the fair, just or equitable distribution of benefits and burdens. These benefits and burdens span all dimensions of social life and assume all forms, including income, economic wealth, political power, taxation, work obligations, education, shelter, health care, military service, community involvement and religious activities. Thus, justice arguments are often invo...

Dentistry and distributive justice.

There is a growing concern in most countries to address the problem of inequities in health-care within the context of financial restraints on the public purse and the realities of health professions that are influenced strongly by the economic priorities of free-market economies. Dental professionals, like other health professionals, are well aware that the public expects oral health-related s...

Quarantines and distributive justice.

Distributive Justice in Pharmaceutical Torts: Justice Where Justice Is Due?

Ongoing tort reform efforts attest to the significant burden that medical liability imposes on the health care system. General attempts to curb excesses can narrow socioeconomic disparities, but as Clark Havighurst and Barak Richman observe, such measures may leave intact some of the regressive characteristics of the framework they supplant. Therefore, it seems appropriate to question whether t...