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The social encyclical Rerum Novarum closely links the question of poverty with that of property, and invokes Thomas Aquinas. But on closer examination, the reasoning developed in favour of property departs from the scholastic thinker, since it maintains more affinities with the liberal tradition...
Persistent link: https://www.econbiz.de/10008831607
The Italian economist Enrico Barone (1859- 1924) is best known for his contributions to marginal productivity theory and the socialist planning debate. This paper analyzes Barone’s contributions to the theory of perfect competition which are largely ignored in the secondary literature. It...
Persistent link: https://www.econbiz.de/10010671693
This article recalls the ambitions and theoretical issues that led Sen to develop a new conception of individual advantage and social evaluation. This Capability Approach (CA) is often regarded as moral philosophy. However, it arose from the work of a social choice theorist, whose eclecticism...
Persistent link: https://www.econbiz.de/10008833451