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