Finance Geek

Do you have friends and colleagues who invoke the principle of “Social Justice” to justify new entitlement programs like the trillion dollar health care bill? Do their explanations of what constitutes Social Justice sometimes sound vague or situational, a bit like Justice Potter Stewart’s infamous definition of what constitutes pornography? I can’t define it but I know it when I see it.
The phrase Social Justice was coined by a Jesuit priest named Luigi Taparelli in the 1840s. The economic inequalities generated by the industrial revolution deeply troubled him. Reaching…

More…

This entry was posted on Sunday, November 22nd, 2009 at 5:34 pm and is filed under RealClearMarkets. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.