Re: The Liberal Paradox
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I see upon reading the wiki article that this arises out of game theoretical attempts to attack libertarianism. Just off the top of my head I would point out that the world does not conform to the rules of the game. As I've already said, Bob and Alice could go through the exact same logic as the writer of the example did, decide that it is "inefficient", and simply decide to go to the movies. In fact, I've had this exact conversation with my wife countless times, and never been trapped in a "paradax" of "Pareto inefficiency." She wants to spend time with me more than she wants to see a chick flick I don't want to see, I want her to see it and I want to spend time with her more than I don't want to see it. Hence we go to the movies. Perhaps I'm just too dumb to realize that we should have stayed home, trapped in out logical inefficiency.
I mean, really. Is this the best that the interventionists can come up with to justify their violence?
[/ QUOTE ]Thanks for clearing this up. I agree that the whole idea of "joint preference" does seem pretty fallacious.
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