“[A] dollar redistributed from a rich man to a poor man detracts less utility than it adds, and therefore increases the sum total of utility.”
— Paul Streeten, Why Development Aid? (1983), p. 380
“[A] dollar redistributed from a rich man to a poor man detracts less utility than it adds, and therefore increases the sum total of utility.”
— Paul Streeten, Why Development Aid? (1983), p. 380