You write a wonderful novel that becomes very popular, and it will profitably retail for $6.50. Everybody buys the book, even some of the poor, since the book is reasonably priced. Ultimately, everyone is more satisfied because they now have the enjoyment of the book rather than their cash, but of course everyone (even the poorest person among your purchasers) gave you $6.50 for their copy of the book. All this money has now been transferred to you since you are the author of the book, and you are now millions richer. Assess the justness of this new income allocation from the following points of view:
a. utilitarian
b. Rawlsian
c. Nozickian

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The Answer of You write a wonderful novel that becomes very popular, and it will profitably retail for $6.50. Everybody buys the book, even some of the poor, since the book is reasonably priced. Ultimately, everyone is more satisfied because they now have the enjoyment of the book rather than their cash, but of course everyone (even the poorest person among your purchasers) gave you $6.50 for their copy of the book. All this money has now been transferred to you since you are the author of the book, and you are now millions richer. Assess the justness of this new income allocation from the following points of view:
a. utilitarian
b. Rawlsian
c. Nozickian

You Write a Wonderful Novel That Becomes Very Popular, and It