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Utility-Enhancing Consumption Constraints

Published online by Cambridge University Press:  05 December 2008

David Levy
Affiliation:
Center for Study of Public ChoiceGeorge Mason University

Extract

The Greek poets and philosophers, united in a belief that men and women perceive the world around them very poorly, for this reason describe much of human behavior as fumbling for happiness in the dark. By contrast, perception failure is anathema to the modern tradition, as even the most innocent sort plays havoc with modern preference axioms.

Type
Essays
Copyright
Copyright © Cambridge University Press 1988

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