Dale Jorgenson
Arrow's impossibility theorem can be seen as a cohomological obstruction to constructing representative consumers without magical thinking.
Becker's theory of stable homogenous tastes on the other hand is....words fail me...the greatest indictment of peer review. Ever.
Just for a moment...put yourself in my shoes. I have an amazing theory of welfare with evolving tastes and a cult that claims stable tates.
Why stop at stable tastes? Why not declare yourself the last Pasha of Scotland and immune from bigamy laws as a winged son of Zeus?
$500 Challenge: Get me an invited Econ gig at Chicago / Harvard to confront the theory of ordinal welfare with stable homogenous tastes.
