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Impossibility Arrow Democracy is but an optical illusion - as mathematically demonstrated by Kenneth Arrow in 1951, it is impossible to accurately translate the "will of the people" into a single candidate choice.
Simon Cox considers the departed great man's legacy in his Free Exchange article. reference: Arrow's Impossibility Theorem (60)
2017-02-28
for: The Economist Newspaper, London
Link: www.economist.com/news/finance-and-economics/21717844-world-has-lost-one-its-great-economists-impossible-mind-late-kenneth
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