Many argue that the rich have a philantropic obligation. But what obligation to they have to make their money in the first place?
Say you were advising an impressionable Princeton freshmen. On the one hand he could persue his dream to become an artist, writer, park ranger, or marine biologist. On the other hand, he could become a partner in Skadden Arp's corporate tax department, invesment banker at Goldman, maybe a fortune 1000 CEO. In a progressive society, what obligation does he have to maximize his utility?
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