The interventionist argument centers on the belief that free-market advocates give _________________ weight to Pareto optimality as the criterion for judging the outcomes of an economy.

Question

Quizplus · Accepted Answer

The interventionist argument suggests that proponents of free markets place too much emphasis on Pareto optimality as the sole criterion for evaluating economic outcomes. They argue that other factors such as fairness, justice, and social welfare should also be taken into consideration. Therefore, the correct choice is B, which states that free-market advocates give too much weight to Pareto optimality.

The Interventionist Argument Centers on the Belief That Free-Market Advocates