Lecture 17

Trade and/or aid

Start by revisiting global egalitarianism from last lecture:

• global difference principle
• global equality of opportunity
• individualism versus culture

Mutual benefit motivates trade

• selfish
• trading parties well-informed about their own utility

Altruism motivates, to some extent, aid

• warm glow from giving
• donor not necessarily well-informed about recipient utility

Do platforms such as Kiva provide mutual benefit?
http://www.kiva.org/lender/cobi