Distribution and efficiency are often presented as conflicts but need not be: when an economy is inside its production frontier, one can both expand the pie and divide it more favorably, though Roberts is skeptical of this in practice.

normativepending

Speaker

Clifford Winston

Evidence Quote

if you're inside the front ear as we put it you often can actually get ways of expanding the pie and even cutting it up then in a way that may be more favorable as a distribution

Source

Clifford Winston on Market Failure and Government Failure 12/28/2009EconTalk
Created: 6/15/2026, 9:37:54 AM

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