The Obfuscation of the Common Good

The Obfuscation of the Common Good The remarkable, albeit fictional, exchange between a deceased senator and a philosophy professor raises a number of interesting issues about the Sherman Act.In the pages that follow, I offer some criticisms of the dialogue. 1 I will show that the professor's positions misuse Rawlsian theory to advocate casting unnecessary burdens on society in general and the poor in particular. The professor is especially dispirited about the way the Sherman Act has been interpreted over the years. In the dialogue, the professor seems to want a populist element to be interjected into judicial constructions of that legislation. By the time the dialogue is over, both men have expressed a belief that government should become more involved in economic decision-making. Yet both men also apparently recognize that human institutions may be incapable of administering a vast and complex society in a satisfactory way. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

The Obfuscation of the Common Good

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 1999 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1007738203915
Publisher site
See Article on Publisher Site

Abstract

The remarkable, albeit fictional, exchange between a deceased senator and a philosophy professor raises a number of interesting issues about the Sherman Act.In the pages that follow, I offer some criticisms of the dialogue. 1 I will show that the professor's positions misuse Rawlsian theory to advocate casting unnecessary burdens on society in general and the poor in particular. The professor is especially dispirited about the way the Sherman Act has been interpreted over the years. In the dialogue, the professor seems to want a populist element to be interjected into judicial constructions of that legislation. By the time the dialogue is over, both men have expressed a belief that government should become more involved in economic decision-making. Yet both men also apparently recognize that human institutions may be incapable of administering a vast and complex society in a satisfactory way.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 15, 2004

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