Thank you! I was actually always surprised by H’s mention of the taxation case as an example where maximin would be (readily) applicable.
IMHO, exactly what he explains in the rest of the article, can also be used to see how optimal taxation/public finance should rather only in exceptional cases be using a maximin principle as the proxy rule for a good redistributive process.
On the other hand, if you asked me whether I’d be happy if our actual very flawed tax/redistribution systems would be reformed such as to conform to the maximin—es, I’d possibly very happily agree on the latter, simply as a lesser of two evils. And maybe that’s part of the point; in this case, fair enough!
Thank you! I was actually always surprised by H’s mention of the taxation case as an example where maximin would be (readily) applicable.
IMHO, exactly what he explains in the rest of the article, can also be used to see how optimal taxation/public finance should rather only in exceptional cases be using a maximin principle as the proxy rule for a good redistributive process.
On the other hand, if you asked me whether I’d be happy if our actual very flawed tax/redistribution systems would be reformed such as to conform to the maximin—es, I’d possibly very happily agree on the latter, simply as a lesser of two evils. And maybe that’s part of the point; in this case, fair enough!