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Reverted edits by RationTrumps (Talk); changed back to last version by CSGuy
'''Lerner's theorem '''is a economic proposition stating that because the [[marginal utility]] of money for each individual is unknown, society maximizes probable overall utility by seeking an equal distribution of income.
'''Lerner's theorem '''is a [[liberal]] economic proposition stating that because the [[marginal utility]] of money for each individual is unknown, society maximizes probable overall utility by seeking an equal distribution of income.
This was proposed by [[Abba P. Lerner]], an American economist who developed this proposition in 1944.
This was proposed by [[Abba P. Lerner]], an American economist who developed this proposition in 1944.
[[category:economics]]
[[category:economics]]