…Stephan will be missed inconsolably by his wife Christine, four children, Lukas, Nicolas, Sophia, and Jeremias, and by innumerable friends, students and colleagues, the world over. But the greatest loss is for the better world that he sought unrelentingly. – Sanjay G. Reddy        …

…can be made: voting, typically used to make “political” decisions, and the market mechanism, typically used to make “economic” decisions’. Roughly twenty years later, in his Nobel prize lecture, Kenneth Arrow argued: ‘If we want to rely on the virtues of the market but also to achieve a more just distribution, the theory suggests the strategy of changing the initial distribution rather than interfering with the allocation process at some later sta…