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Kenneth Arrow

A giant in social choice theory — the true heir to Condorcet. The NYT obituary. collective intentionalityCondorcetEconomicskenneth arrowsocial choice theorytransitivityvoting paradoxes

The wrong anti poverty recipes of the left

The always challenging and informative Deirdre McCloskey one of the few taking on the tired, false and persistent inequality memes. Of course what the regressive left have done (and incoherently so) is to conflate patterns of inequality (access) with patterns of inequity (outcome). Worldwide even the income gap between rich and poor has radical [sic] declined. If you…

The economics of political correctness

Here’s a very sharp and interesting take on what I’ve been calling virtue-signaling. The article is a couple of years old but nonetheless it is as incisiveness and salient as ever especially to one who has a basic grasp of market price signals and coordination dynamics. Isn’t it telling that despite academia being firmly under the regressive left’s management…