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  • The problem of assessing democratic decline
  • A Fairness Trilemma in Hiring

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koreatimes.co.kr /1 month ago

The problem of assessing democratic decline

ITHACA—Democracy is inherently fraught. At its core lies the difficulty of translating individual preferences into a coherent social choice, a problem famously captured by Nobel la...

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econlib.org /2 weeks ago

A Fairness Trilemma in Hiring

Economists like to draw triangles. In trade, you can’t have high tariffs, no retaliation, and unchanged prices. In monetary policy, you can’t fix interest rates, fix the money supp...

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Sources covering Kenneth Arrow

econlib.org

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koreatimes.co.kr

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