Top Highlights

• So you might say that ancient theories of justice start with virtue, while modern theories start with freedom.
• Aristotle’s question of what people morally deserve, and why.
• The most egregious case involved the American International Group (A.I.G.), an insurance giant brought to ruin by the risky investments of its financial products unit. Despite having been rescued with massive infusions of government funds (totaling $173 billion),
• The highest principle of morality is to maximize happiness, the overall balance of pleasure over pain.
• He argues that distributive justice depends on two requirements—justice in initial holdings and justice in transfer.