
"Escaping Paternalism" Book Panel
Hayek Program Podcast
00:00
Jevons and the Problem of Utility Maximization
David Frum: Not all harms justify a prohibition on action. He says Jevons was much less worried about the difficulties associated with knowing why people choose as they do. In his account, poor people were especially prone to such biases, he writes.Frum: It's here that he sees a broad scope for education and apparent improvement.
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