The Basics: Objectivity

Economic policy should be objective - it should not serve a vested interest, but the society as a whole.

Questions of economic policy are subject to endless heated debate. Often the conflict stems from mere perspective - for example; conservatives tend to consider the effect on the corporation, while liberals tend to consider the effect on the individual. A simple device can be used to explore the objectivity of a position - attempt to present it from both sides. It is a good sign if a position can be reconciled with all perspectives.