Welfare Economics and the Economics of Socialism

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Publisher : CUP Archive
ISBN 13 : 9780521099370
Total Pages : 288 pages
Book Rating : 4.0/5 (993 download)

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Book Synopsis Welfare Economics and the Economics of Socialism by : Maurice Dobb

Download or read book Welfare Economics and the Economics of Socialism written by Maurice Dobb and published by CUP Archive. This book was released on 1975 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Critique of Welfare Economics

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Author :
Publisher : Oxford University Press
ISBN 13 : 0191029394
Total Pages : 324 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis A Critique of Welfare Economics by : I. M. D. Little

Download or read book A Critique of Welfare Economics written by I. M. D. Little and published by Oxford University Press. This book was released on 2002-09-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Critique of Welfare Economics was first published in 1950. It was concerned with the exposition, criticism, and appreciation of the theory of economic welfare as it had been developed to that date. It was an attempt to clarify what was meant by 'welfare'; to distinguish measurable, verifiable elements of the theory from subjective normative judgements about policies for improving economic well-being; and to establish criteria for determining whether one configuration of the economic system is better or worse than another. Little showed that the welfare theory of the time could be based directly on individual market choices, and that resort to traditional utilitarian concepts was not essential. A Critique of Welfare Economics is now reissued at the same time as Ethics, Economics, and Politics — Little's latest book which explores the overlap between the three disciplines, and discusses the need for political decisions in economic matters, and the principles guiding them. He has added a new retrospective preface to Critique in which he assesses the contribution the book made in the light of subsequent literature in the area.

Critique of Welfare Economics

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (919 download)

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Book Synopsis Critique of Welfare Economics by : I. M. D. Little

Download or read book Critique of Welfare Economics written by I. M. D. Little and published by . This book was released on 1968 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Critique of Welfare Economics

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Author :
Publisher : OUP Oxford
ISBN 13 : 0198281196
Total Pages : 324 pages
Book Rating : 4.1/5 (982 download)

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Book Synopsis A Critique of Welfare Economics by : Ian Malcolm David Little

Download or read book A Critique of Welfare Economics written by Ian Malcolm David Little and published by OUP Oxford. This book was released on 2002-09-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1950, this book was concerned with the exposition, criticism, and appreciation of the theory of economic welfare as it had been developed to that date. Now reissued, Little has added a new retrospective preface in which he assesses the contribution the book made in the light of subsequent literature in the area.

A Critique of Welfare Economics

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Publisher :
ISBN 13 :
Total Pages : 302 pages
Book Rating : 4.:/5 (918 download)

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Book Synopsis A Critique of Welfare Economics by : Ian Malcolm David Little

Download or read book A Critique of Welfare Economics written by Ian Malcolm David Little and published by . This book was released on 1958 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Critique of Welfare Economics

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Publisher :
ISBN 13 : 9780195664645
Total Pages : 302 pages
Book Rating : 4.6/5 (646 download)

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Book Synopsis A Critique of Welfare Economics by : Ian Malcolm David Little

Download or read book A Critique of Welfare Economics written by Ian Malcolm David Little and published by . This book was released on 2003 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: `A Critique Of Welfare Economics`, First Published In 1950 Was Concerned With The Exposition, Criticism And Appreciation Of The Theory Of Economic Welfare As It Had Been Developed At That Time. In This Classic Reissue, The Author Has Added A New Retrospective Preface Assessing The Contribution The Book Made, In The Light Of Subsequent Literature In The Area.

The Welfare Economics of Public Policy

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Publisher : Edward Elgar Publishing
ISBN 13 : 1845421574
Total Pages : 706 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis The Welfare Economics of Public Policy by : Richard E. Just

Download or read book The Welfare Economics of Public Policy written by Richard E. Just and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Welfare Economics of Public Policy is a great book that should be of interest to all economists interested in applied welfare analysis. It is a good reference book for economists studying the effects of public policy. Finally, it should be a useful textbook for students studying economic policy and applied welfare economics. Jean-Paul Chavas, American Journal of Agricultural Economics . . . a very comprehensive overview of the state of the art in welfare economics. It can be used as a teaching book for advanced students as well as a reference volume for researchers. This duality of possible uses is supported by the fact that very complex issues are presented in an easily readable manner. More technical aspects are then outlined in the appendices of the relevant chapters, offering colleagues the option to study formal considerations in more detail. . . a welcome addition to and expression of the knowledge base of agricultural economics. Stefan Mann, Journal of Agricultural Economics I am absolutely delighted that the authors have revised and republished this text. I have used the previous version for years in my graduate environmental economics course; usually I had to share the one copy I have with students and I felt it was a shame that these students did not have the opportunity to purchase the book since every serious environmental economist should have this volume on their shelf. It has been a continuous reference volume for me over the years and I am sure this is true of many others in the discipline. In the field of applied welfare analysis (spanning environmental economics, international trade, agricultural policy, etc.) there is no need for further elaboration when Just, Hueth and Schmitz is referenced. Everyone knows the book that is being referred to: the bible of applied welfare economics. Catherine Kling, Iowa State University, US For the record, I am one of the people who requested that the authors revise and re-issue their textbook. It is an extremely valuable book for applied economists; as with the previous edition, I will use it extensively in two of my courses and consult it frequently in my own research endeavors. Richard Adams, Oregon State University, US The original book is very well known in our profession and is still used in many classes. It will be wonderful to have a revised edition of this classic book. Colin Carter, University of California, Davis, US This outstanding text, a follow-up to the authors award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources. Building on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors develop measures for firms and households where households are viewed as both consumers and owner/sellers of resources. Possibilities are presented for (1) approximating WTP with consumer surplus, (2) measuring WTP exactly subject to errors in existing econometric work, and (3) using duality theory to specify econometric equations consistent with theory. Later chapters cover specific areas of welfare measurement under imperfect competition, uncertainty, incomplete information, externalities, and dynamic considerations. Applications are considered explicitly for policy issues related to information, international trade, the environment, agriculture, and other natural resource issues. The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economi

The Myth of Social Cost

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Author :
Publisher : Hobart Papers (Paperback)
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Myth of Social Cost by : Steven N. S. Cheung

Download or read book The Myth of Social Cost written by Steven N. S. Cheung and published by Hobart Papers (Paperback). This book was released on 1978 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits - in noise, smells, congestion, pollution of the environment - there is a 'clear case' for government intervention to correct the divergence. This argument has been used to justify almost endless intervention. However, the original analysts of social costs/benefits were led into error by failing to test their propositions against the evidence of real life. Painstaking empirical studies clearly demonstrate these errors. A divergence between private and social cost is no decisive justification for government action to correct it. The costs of intervention often outweigh the social benefits. Moreover, the alleged 'externalities' are merely uncontracted effects. Under private property rights, the use of contracts to transact what have been regarded as 'external' effects is far more common than has been commonly recognised.

Welfare Economics

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Publisher : London : Macmillan
ISBN 13 : 9780333242964
Total Pages : 332 pages
Book Rating : 4.2/5 (429 download)

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Book Synopsis Welfare Economics by : Yew-Kwang Ng

Download or read book Welfare Economics written by Yew-Kwang Ng and published by London : Macmillan. This book was released on 1979 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Applied Welfare Economics

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Publisher : Routledge
ISBN 13 : 131781424X
Total Pages : 433 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Applied Welfare Economics by : Massimo Florio

Download or read book Applied Welfare Economics written by Massimo Florio and published by Routledge. This book was released on 2014-02-05 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on ‘shadow prices’, revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation of major projects, economic rates of return in different sectors, and a case study on privatisation, is presented. This book offers a unique and original blend of theory, empirics and experience. The theoretical discussion clarifies why shadow prices are not virtual market equilibrium prices, as they arise as the solution of a planning problem, often with governments and economic agents constrained in their information and powers. The empirical chapters show how to compute proxies of the shadow prices in simple ways. The experience chapters draw from first hand research, gained by the Author and his collaborators over many years of advisory work for the European Commission and other international and national institutions.

Quiet Revolution in Welfare Economics

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Publisher : Princeton University Press
ISBN 13 : 1400887054
Total Pages : 455 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Quiet Revolution in Welfare Economics by : Michael Albert

Download or read book Quiet Revolution in Welfare Economics written by Michael Albert and published by Princeton University Press. This book was released on 2017-03-14 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The myth of social cost

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Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis The myth of social cost by : Steven N. S. Cheung

Download or read book The myth of social cost written by Steven N. S. Cheung and published by . This book was released on 1978 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Welfare Economics

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Publisher : Springer
ISBN 13 : 1403944067
Total Pages : 366 pages
Book Rating : 4.4/5 (39 download)

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Book Synopsis Welfare Economics by : Y. Ng

Download or read book Welfare Economics written by Y. Ng and published by Springer. This book was released on 2003-12-19 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yew-Kwang Ng looks to make welfare economics more complete by discussing the recent inframarginal analysis of division of labour and by pushing welfare economics from the level of preference to that of happiness, making a reformulation of the foundation of public policy necessary. A theory of the third best is provided, with extension to the equality/efficiency issue. The remarkable conclusion of treating a dollar as a dollar provides a powerful simplification of public policy formulation in general and in cost-benefit analysis in particular.

Growth, Profits and Property

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Publisher : CUP Archive
ISBN 13 : 9780521319188
Total Pages : 324 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Growth, Profits and Property by : Edward J. Nell

Download or read book Growth, Profits and Property written by Edward J. Nell and published by CUP Archive. This book was released on 1979 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays is designed to illustrate the variety, complexity and power of non-neoclassical economic thinking. The essays define the fundamental questions differently, employ different analytical tools and arrive at different conclusions. The two strands of non-neoclassical thinking that occupy most of the book are the neo-Keynesian and the neo-Marxian. The bulk of the book is composed of essays on microeconomics, macroeconomics, trade, comparative systems and welfare, with an unusual section on property rights and social hierarchy.

Order Ethics: An Ethical Framework for the Social Market Economy

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Publisher : Springer
ISBN 13 : 3319331515
Total Pages : 367 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis Order Ethics: An Ethical Framework for the Social Market Economy by : Christoph Luetge

Download or read book Order Ethics: An Ethical Framework for the Social Market Economy written by Christoph Luetge and published by Springer. This book was released on 2016-07-26 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the theoretical foundations of order ethics and discusses business ethics problems from an order ethics perspective. Order ethics focuses on the social order and the institutional environment in which individuals interact. It is a well-established paradigm in European business ethics. The book contains articles written by leading experts in the field and provides both a concise introduction to order ethics and short summary articles homing in on specific aspects of the order-ethical paradigm. It presents contributions describing fundamental concepts, historical roots, and the economic, social, and philosophical background of the theory. The second part of the handbook focuses on the theory's application in business, society, and politics, casting new light on an array of topics that loom large in contemporary ethical discourse.​

A Radical Critique of Welfare Economics

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Publisher :
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4.:/5 (96 download)

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Book Synopsis A Radical Critique of Welfare Economics by : E. K. Hunt

Download or read book A Radical Critique of Welfare Economics written by E. K. Hunt and published by . This book was released on with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Critique of Welfare Economics

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Author :
Publisher :
ISBN 13 :
Total Pages : 275 pages
Book Rating : 4.:/5 (879 download)

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Book Synopsis A Critique of Welfare Economics by : Ian Malcolm David Little

Download or read book A Critique of Welfare Economics written by Ian Malcolm David Little and published by . This book was released on 1950 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: