from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Alternative spelling of Pareto improvement.
Sorry, no etymologies found.
At Econ Log, Bryan Caplan notes a Pareto-improvement from illegal immigration.
And if we were to understand the economy as a whole, we have reason to believe that Pareto-improvement through consensual exchange would play a less important role.
Then it is harder to see why this is a Pareto-improvement.
Alternatively, the more optimistic of the consequentialists cast their justifications in the language of what we would now call ˜Pareto-improvement™.