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Summary
| Description |
English: If omega is the initial endowment and alpha' the social optimum, it is not necessary for the government to reallocate resources from omega to alpha': it is sufficient to redistribute wealth by moving the economy to any point (say alpha) on the budget line through alpha' and then leaving the market to do its job. |
| Date | |
| Source | Own work |
| Author | Colin.champion |
Licensing
I, the copyright holder of this work, hereby publish it under the following license:
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 13:28, 21 July 2020 | | 232 × 232 (13 KB) | Colin.champion | layering |
| 09:07, 21 July 2020 |  | 232 × 232 (13 KB) | Colin.champion | reposition symbols | |
| 09:03, 21 July 2020 |  | 232 × 232 (13 KB) | Colin.champion | Uploaded own work with UploadWizard |
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