Hope or despair: a response to 'Do not despair about severity-yet'

摘要

This is a brief response to 'Do not despair about severity-yet' by Barraet al. It argues that they have no serious criticisms of Daniel Hausman's essay, 'The Significance of Severity'" and that indeed their work lends further support to his view that there is no justification for prioritising severity. As policy-akers, Barra and his coauthors are more constrained by popular attitudes, which apparently favour prioritising severity.