Agudelo, German Darío Valencia; Cuervo, John Faber - Departamento de Economía, Facultad de Ciencias Económicas - 1999
This article tries to explain the main criticism that the recent Nobel Price in Economics, Amartya Sen, has made to the ethic and methodological basis of utilitarian theories in economics. In the first parte of the work the concepts which laid the foundations to the neoclassic welfare theories...