Ben Bernanke
Putting aside the reality that no system, including our own, is really entirely meritocratic, meritocracies may be fairer and more efficient than some alternatives. But fair in an absolute sense? Think about it. A meritocracy is a system in which the people who are the luckiest in their health and genetic endowment; luckiest in terms of family support, encouragement, and, probably, income; luckiest in their … [ Read more ]
Author: Ben Bernanke | Source: The Atlantic | Subjects: Economics | Economy, Life & Society, Politics & Public Policy