Readings in welfare economics
Subtitle: selected by a committee of the American Economic Association
By: selection committee for this volume: Kenneth J. Arrow, Tibor Scitovsky
Contributors: American Economic Association
Series: The Series of republished articles on economics -- v. 12
Publisher: Allen and Unwin
Published: 1969
Place of publication: London
Language: eng
Number of pages: 734
Subjects: Welfare economics
Description: If economics can be described as the theory of choice, of entrepreneurs' and consumers' choices and their implications, then welfare economics is the theory of how and by what criteria economists and policymakers make or ought to make their choices between alternative policies and between good and bad institutions.
Notes: Includes bibliographical references.