> The following story is from the BBC website. Is
> this another blow against the invisible hand?
> Daljit
No. First, physical inequalities are inevitable no matter what the
economic system. Second, beauty is not just physical but is also greatly
influenced by behavior. A happy face, nicely groomed, will be more
beautiful than a dishevelled sad face. Natural beauty is a
Pareto-irrelevant factor; the relevant factor is outer beauty enhanced by
inner beauty and improvements.
> > "When the concept of 'most beautiful' in the
> > world tends to be the same for everyone, it
> > becomes more and more difficult to make more
> > people happy."
That's unwarranted.
Beauty fades and is only one of many factors in the production function for
happiness.
Fred Foldvary
