Published 2005
“…It also concludes that the presumption that
politicians elected in democratic elections faithfully reflect the preferences, tastes, scales of values and ideology of voting citizens is highly questionable, and therefore we can not precisely consider them "faithful representatives and efficient maximizers of our Function of Social Welfare ", underlying principle out of all discussion and taken as a starting point in the formal construction of most conventional macroeconomic models of general equilibrium.…”
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