Daniel Klein, professor of economics at George Mason University and expert on Adam Smith, talks to us about Smith’s definition of justice. There are three types of justice: commutative, distributive, and estimative. Today we break down the differences between each and their applications in government and private life.
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Daniel Klein, professor of economics at George Mason University and expert on Adam Smith, talks to us about Smith’s definition of justice. There are three types of justice: commutative, distributive, and estimative. Today we break down the differences between each and their applications in government and private life.
Never miss another AdamSmithWorks update.
Follow us on Facebook, Twitter, and Instagram.