From: John Conover <john@email.johncon.com>
Subject: Re: Economics is a science
Burkhard C. Schipper writes: > > It depends what you mean by democracy. Arrow's impossiblity theorem shows > clearly that you can not get all desirable properties in an outcome of > social choice problem. Democracy is often sold by western countries as the > non-plus-ultra. I think we should take certain shortcoming into account if > we think about design of realistic social choice mechanisms. This is where > science can question some political claims made. > But its pretty hard to run on the "I don't know what can't be known" platform. Particularly when the constituency thinks they know. I suppose its a systemic game-theoretic structure where the best snake oil salesmen prevail. John -- John Conover, john@email.johncon.com, http://www.johncon.com/