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Kenneth Arrow has died (1921-2017)
by
johnjwang
on 2/22/17, 1:25 AM with 1 comments
by
sevensor
on 2/22/17, 2:00 AM
Arrow's dissertation is very readable, and totally worth contemplating. To drastically oversimplify, it implies that any government policy, including inaction, will inevitably create winners and losers.