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Alternative Approaches to Libertarian Rights in the Theory of Social Choice

In: Issues in Contemporary Economics

Author

Listed:
  • Kotaro Suzumura

    (The Institute of Economic Research Hitotsubashi University)

Abstract

Kenneth Arrow recently told us of an interesting episode in the formative era of social choice theory. It was in the session chaired by Lawrence Klein at the December 1948 Meeting of the Econometric Society that the general possibility theorem was first presented. Arrow recalls: ‘in the audience was this contentious Canadian, David McCord Wright, who objected because among the objectives, [Arrow] hadn’t mentioned freedom as one of the essential values in social choice and apparently he went out of the room saying that Klein and Arrow were communists’ (Kelly, 1987, p. 56).

Suggested Citation

  • Kotaro Suzumura, 1991. "Alternative Approaches to Libertarian Rights in the Theory of Social Choice," International Economic Association Series, in: Kenneth J. Arrow (ed.), Issues in Contemporary Economics, chapter 13, pages 215-242, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-11573-0_14
    DOI: 10.1007/978-1-349-11573-0_14
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