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Persistent link: https://www.econbiz.de/10005295207
This paper examines the transition from cardinal to ordinal utility. We begin with the egalitarian utilitarianism of J. S. Mill and Herbert Spencer, in which everyone was supposed to count as one. That is their phrase to explain how the happiness of existing people was to be maximized. We...
Persistent link: https://www.econbiz.de/10005215378
In this note, we highlight an important consideration of Larry Moss's life's work, the continual struggle within economics against racism. Larry initiated and supported the symposium on eugenics published by the "American Journal of Economics and Sociology" in July 2005. He edited the volume...
Persistent link: https://www.econbiz.de/10008583119
Whately is a difficult thinker, partly because he is competent in so many disciplines. Joseph Schumpeter, who struggled with Whatley's "elusive" greatness, saw a systematic core in Whately: the force behind Nassau Senior's axiomatics. Whately's contemporaries did not talk of axiomatics, but they...
Persistent link: https://www.econbiz.de/10008583131