Social Choice Theory

    In the sixty-five years since Arrow's Impossibility Theorum, economists have questioned how we think about utility, individuals and communities. Using philosophical, mathematical and other toolkits, our scholars explore the nature and role of preference maps and utility theory in economics today.

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    What Are the Moral Limits of Markets?

    In recent decades, market values have crowded out non- market norms in almost every aspect of life—medicine, education, government, law, art, sports, even family life and personal relations. Without quite realizing it, we have drifted from having a market economy to being a market society. Is this where we want to be? Watch the video