Boris misunderstood Pareto
Debunking Economics - the podcast
00:00
Parato's Optal Outcome Is That Nobody Is Worse Off
Parato optimal is the law that says you can't make anybody else better off without making somebody else worse off. We find this law applying everywhere, and it's a remarkably important insight into the nature of natural systems. And like blair fix, i think it be if he was one of our patrons, one of his supporters,. He's propal, one of the world's leading experts on that.
Transcript
Play full episode
