Fairness, or the property of being fair, is a term derived from Old English fæġer (fair, lovely, beautiful; pleasant, agreeable; attractive); it is commonly related to concepts of justice, and equitable, adequate, reasonable, or decent assessments, actions and behavior, as well as unblemished, beautiful, pleasing appearances, and sometimes specifically to light-toned colors, especially of skin or hair.

Quotes

  • Because there is no precisely defined and widely agreed upon definition of fairness, what the term has come to mean in economic policy-making is that those with political power can restrict the options of individuals and enterprises, in order to produce whatever end result those in power choose to call "fair".

See also

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