My initial article set out a goal: “I will prove that any law that compels theft lowers social utility.” (Ceteris paribus is assumed.) The transaction I examined therein was not person A robbing person B in isolation. The article intentionally bypassed comparing the utility of a single thief and that of his victim. That way is a dead end. I proposed to work around such a comparison by using society’s revealed preference. I examined what happens to the social good when society compels a theft after the same society has previously committed to a law against theft. The situation analyzed … Continue reading Social Utility – MSR-3
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