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This innovative history of welfare economics challenges the view that welfare economics can be discussed without taking ethical values into account. Whatever their theoretical commitments, when economists have considered practical problems relating to public policy, they have adopted a wider...
Persistent link: https://www.econbiz.de/10013272474
This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from...
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This highly illuminating book marks a significant stage in our growing understanding of how the development of national traditions of economic thought has been affected by both internal and external factors
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The paper focuses on Marshall’s ideas of the economic and socio-ethical progress, of the development of man’s higher faculties, and of people’s welfare and improvement of their quality of life. The studies on economic and social progress with prospects for the elimination of human poverty...
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Marshall decided to dedicate his life and career to economic studies because of the increasing urgency of the problem of poverty and of the so-called Residuum. This explains why, for him, the most important goal was to find the ways and the means to economic, social and human progress, which he...
Persistent link: https://www.econbiz.de/10012314770
Verlagsinfo: "Introduction to Welfare theory, public action and ethical values Revisiting the history of welfare economics By Roger E. Backhouse, Antoinette Baujard and Tamotsu Nishizawa The Introduction explains the concepts of welfarism and non-welfarism, relating it to the way economists have...
Persistent link: https://www.econbiz.de/10012313863
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This highly illuminating book marks a significant stage in our growing understanding of how the development of national traditions of economic thought has been affected by both internal and external factors.
Persistent link: https://www.econbiz.de/10011170616