An unreasonable assumption

In reviewing two important books that are making the case for incorporating moral considerations into economics turning it from ‘dismal science’ into ‘distinguished science’, Ricardo Hausmann writes,

But with a few reasonable assumptions, such as the idea that more is better than less, you can make many predictions about how people will behave.

The more I think about it, the more I feel that it is not a reasonable assumption at all because if, at any given point in time, more is preferred to less (or, what you have – because what you have can always be less than what you imagine you should have), it is both socially, economically and morally hugely problematic because the answer to that desire is unbounded.

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