The impossibility theorem, demonstrated by Paul Samuelson, shows that it is impossible to have public officials behave in a manner consistent with the best interests of society.

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The impossibility theorem, also known as Arrow's impossibility theorem, was demonstrated by Kenneth Arrow, not Paul Samuelson. It states that no rank-order voting system can be designed to reflect the preferences of individuals in a society while also meeting a specific set of fairness criteria.

The Impossibility Theorem, Demonstrated by Paul Samuelson, Shows That It