As I Hear the Bell Tolls

Abdullah earned a PhD degree in economics from Georgia State University and an MBA degree from Western Kentucky University. He travelled places in Europe, the Carribean, and the USA. His doctoral dissertation title was 'Impact of globalization on micro-determinants of industrial agglomeration: The case of U.S. manufactruing industries, 1988-2003'. His blogging interest includes current events analysis, globalization and its impact on sustainable development in regions and countries.

Monday, February 06, 2006

Impossibility of a Paretian Liberal-Amartya Sen

Recent win of Conservative party in the Canadian general election and many other recent wins in the conservative parties in many European countries in 'free' and 'fair' elections are just democratic verdict of people. Although, there is a section of pleople who think, democracy, as a decision philosophy, and, majority voting as a decision rule, tend to be bent more towards Liberalism than towards conservativsm. But Sen has sowed in this 1970 article that, in a Pareto-ensuring democracy, Liberalism can not be maintained. So, Pareto or Liberalism? The answer seems to be the recent poll results in North America!

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