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  • Sen - ImpossibilityParetian AMARTYA SEN

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    The article discusses the impossibility of a Paretian liberal system where individual preferences are in conflict and cannot all be maximized at the same time. It argues that while liberalism focuses on maximizing individual preferences, situations will arise where social choices will disappoint some individuals and there is no social arrangement that can make everyone better off at the same time. The author concludes that some liberal principles may come into conflict with Pareto optimality and that liberal ideals of maximizing individual preferences are impossible to achieve in all circumstances.

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    Sen_ImpossibilityParetian AMARTYA SEN

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    The article discusses the impossibility of a Paretian liberal system where individual preferences are in conflict and cannot all be maximized at the same time. It argues that while liberalism focuses on maximizing individual preferences, situations will arise where social choices will disappoint some individuals and there is no social arrangement that can make everyone better off at the same time. The author concludes that some liberal principles may come into conflict with Pareto optimality and that liberal ideals of maximizing individual preferences are impossible to achieve in all circumstances.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    1 views7 pages

    Sen - ImpossibilityParetian AMARTYA SEN

    Uploaded by

    Viclaurentiz
    The article discusses the impossibility of a Paretian liberal system where individual preferences are in conflict and cannot all be maximized at the same time. It argues that while liberalism focuses on maximizing individual preferences, situations will arise where social choices will disappoint some individuals and there is no social arrangement that can make everyone better off at the same time. The author concludes that some liberal principles may come into conflict with Pareto optimality and that liberal ideals of maximizing individual preferences are impossible to achieve in all circumstances.

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    © All Rights Reserved
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    The Impossibility of a Paretian Liberal

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    Citation Sen, Amartya Kumar. 1970. The impossibility of a Paretian
    liberal. Journal of Political Economy 78(1): 152-157.
    Published Version http://www.jstor.org/stable/1829633
    Accessed July 3, 2014 12:26:26 PM EDT
    Citable Link http://nrs.harvard.edu/urn-3:HUL.InstRepos:3612779
    Terms of Use This article was downloaded from Harvard University's
    DASH repository, and is made available under the terms and
    conditions applicable to Other Posted Material, as set forth at
    http://nrs.harvard.edu/urn-
    3:HUL.InstRepos:dash.current.terms-of-use#LAA

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