Dictionary of Arguments

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Mause I 153
Allocation/Sen: a balanced allocation (see Allocation/Mankiw) is desirable for its own sake, because it grants freedom to individuals. (1)
In any case, it is preferable to a centralised economy, as individuals would not be free in such an economy.
Freedom/Economy: see also Hayek 1960 (2) and Friedman 1962 (3)


1. Amartya Sen, Ökonomie für den Menschen: Wege zu Gerechtigkeit und Solidarität in der Marktwirtschaft. München 2000. S. 40,140.
2. F. A. von Hayek Hrsg. [Die Verfassung der Freiheit, 4.   Aufl. Tübingen 1960] 2005.
3. Milton Friedman, Kapitalismus und Freiheit. München (1962], 2004.


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconSen I
Amartya Sen
Collective Choice and Social Welfare: Expanded Edition London 2017

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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Ed. Martin Schulz, access date 2018-12-15
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