To move a society to its optimal state (to be defined), there is likely a minimum and maximum number of rules (to be defined) that can be imposed on it. A rule can be defined as a simple construct such as "If X then Not Y", and the societal optimum may be the aggregate production or some such metric. In a society where there are no rules, aggregate production is unlikely to be maximized as the members of the society (presumably maximizing tactical individual utility) will exhibit behavior...
Published on August 03, 2010 15:56