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  2. Preference Pollution: How Markets Create the Desires We Dislike

Preference Pollution: How Markets Create the Desires We Dislike

David George 2001
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Seldom considered is whether markets do an adequate job of shaping our tastes. David George argues that they do not, and that the standard economic definition of efficiency can be used to demonstrate that the market ignores people's desires about their desires. He concludes that markets perform poorly with respect to second-order preferences, thus worsening the problem of undesired desires. The book further investigates changes in perceptions and public policy toward such activities as gambling, credit, entertainment, and sexual behavior.

David George is Chair and Professor Economics, LaSalle University.
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Series
  • Economics, Cognition, and Society
ISBN(s)
  • 978-0-472-08949-9 (paper)
  • 978-0-472-02349-3 (ebook)
Subject
  • Sociology
  • Political Science
  • Anthropology
  • Economics
Citable Link
  • Table of Contents

  • Stats

  • Cover
  • Title
  • Copyright
  • Dedication
  • Contents
  • Acknowledgments
  • 1. Introduction
  • 2. Freedom to Choose
  • 3. Market Failure in the Shaping of Tastes
  • 4. Fortifications, Extensions, Clarifications
  • 5. Market Failure or Human Imperfection?
  • 6. The Critic’s Retreat
  • 7. Sexual Choices: The First Order’s Rise and the Second Order’s Fall
  • 8. Risk Taking: The Rise of the Gambler
  • 9. The Surge of Consumer Credit
  • 10. Conclusion
  • Notes
  • References
  • Index
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