Is fairness in the eye of the beholder?

  Complaining about talk about taxing the wealthy, Michael Bloomberg said, “This business of ‘Well, they can afford it; they should pay their fair share?’ Who are they to say ‘Somebody else’s fair share?’ ”   N. Gregory Mankiw, a Harvard economist, doesn’t think there is an answer. “Fairness, like beauty,” he writes, “is in … Continue reading →