L = Law
A = Initial Condition
O = Observation (Prediction)
*NL----------------------------------*C
Necessity of Law Chance
(L or NL) such as Law of Leibniz- "Identity of Indiscernibles":
Object A = P1. P2. P3...
Object B = P1. P2. P3...
- Determinate World---> No Choice (Not Allow Freedom, Coerced Choices): Choice predicable. No Choosing or deciding process. No free will.
- Indeterminate World ---> Choice (Allow Freedom): Choice is not predicable. Free Choice/Free will. Unconstrained/Free Choices (of average or representative person).
- Free will.
a. Person is the sole author of the act of choice
b. Person could have chosen otherwise
Now,
Can we have "science of choice" that does not fall under this scheme ? This is the question that Professor James M. Buchanan fails to analyse in his book called, " What should economists do ?" in Page 40.
- He treats/leaves issue as "the old age issue (an old age philosophical dilemma)... I prefer to think that the subject and discussion itself not illusory". He also says that "I am neither competent nor interested in detailed etymological inquiry".
Paradox of free will:
If we (economists) knew how individual(s) will decide in market place when he has choice, how can there be free will ? Professor James M. Buchanan fails to analyse the fundamental issues !