I wrote about Arrow's Impossibility Theorem for the @UpshotNYT:http://www.nytimes.com/2016/05/09/upshot/unusual-flavor-of-gop-primary-illustrates-a-famous-paradox.html …
@JustinWolfers @ATabarrok "And so even if this theorem points to the impossibility of a truly rational democracy […]" Much too strong!
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@JustinWolfers@ATabarrok E.g. Arrow's IIA axiom is not at all obvious. https://www.uni-bielefeld.de/ZIF/FG/2001Procedures/w_paper/333.pdf …. -
@JustinWolfers (You probably know this. But the world has read far too much into Arrow's Theorem, I think...)
End of conversation
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