Economics and Philosophy


Utility-Enhancing Consumption Constraints

David Levya1

a1 Center for Study of Public Choice George Mason University

The Greek poets and philosophers, united in a belief that men and women perceive the world around them very poorly, for this reason describe much of human behavior as fumbling for happiness in the dark. By contrast, perception failure is anathema to the modern tradition, as even the most innocent sort plays havoc with modern preference axioms.