Reference no: EM131589532

Along with efficiency policy makers want to ensure that these resources are allocated evenly throughout the economy to secure prosperity for the society."

Do we really want for these resources to be allocated evenly, or in the way that achieves the greatest good? Which goes back to the previous point of maximizing the utility.... which can also be one and the same in some situations. But we also have people in our society that, for whatever reason, are not particularly interested in participating in the productive economy, or at least not in a way that contributes as much as they could. What should we do with these people? What about kids that don't want to study in school, but we see that they are going to be expensive adults to maintain further down the road? What should be done with these people?