Social Choice Theory and Choice Prerogatives: A Review and Critique
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O'Neill, Ben
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Ludwig von Mises Institute Canada, Inc
Abstract
We examine and critique the representation of “rights” and liberalism within social
choice theory. We examine the mathematical definitions purportedly representing rights in a
liberal free-market economy and argue that these actually represent any prerogative of control of
property in any social or political system. We critique arguments against liberalism that are
rooted in assertions of an alleged social choice paradox, and argue that liberalism has a strong
claim to coherence and desirability in social choice theory.
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Journal of Prices & Markets
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Restricted until
2099-12-31
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