Machiavelli’s Possibility Hypothesis
This paper discusses the thesis that in Arrow’s Possibility Theorem the dictator (merely) serves as a solution to the logical problem of aggregating preference while Machiavelli’s dictator, the Prince, has the historical function to bring order into a world of chaos and thus make society ready for the implementation of a republican structure.
Volume (Year): 4 (2010)
Issue (Month): 1 (March)
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- Bitros, George C. & Karayiannis, Anastassios D., 2010. "Morality, institutions and the wealth of nations: Some lessons from ancient Greece," European Journal of Political Economy, Elsevier, vol. 26(1), pages 68-81, March.
- Claude Hillinger, 2005.
"The Case for Utilitarian Voting,"
Institute of SocioEconomics, vol. 23, pages 295-321.
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