This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive...

Racial discrimination pervades every aspect of a society in which it is found. It is found above all in attitudes of both races, but also in social relations, in intermarriage, in residential location, and, frequently, in legal barriers. It is also found in levels of economic accomplishment;...

For the past thirty-five years, Herbert Scarf has made fundamental contributions in studies of inventories, the core, computation of equilibria, and integer programming. His work has simultaneously sought the most general and abstract formulations while simplifying the theory and bringing it...