This book is Volume I of a two-volume set on antitrust policy, analyzing the economic efficiency and moral desirability of various tests for antitrust legality, including those promulgated by US and EU antitrust law. The overall study consists of three parts. Part I (Chapters 1-8) introduces...

This book provides a study of the forces underlying the development of economic thought at Cambridge University during the late nineteenth century and the first half of the twentieth century. The primary lens it uses to do so is an examination of how Arthur Cecil Pigou’s thinking, heavily...

Part 1. Introduction -- Chapter 1. The Relevance of Richard Easterlin’s Groundbreaking Work. A Historical Perspective (Mariano Rojas) -- Part 2. Income and Happiness -- Chapter 2. The Easterlin Paradox Revisited: Who is Right? (Maarten Vendrik) -- Chapter 3. Relative Income, Subjective...

Introduction to The General Theory of Second Best, Its Central Implications, and the Appropriate Way to Respond to It -- The Economics Profession’s Responses to The General Theory of Second Best: Descriptions and Critiques -- The Concept of “the Impact of a Choice (or Natural Event) on...

Introduction -- Part I: First Lessons -- Measuring Happiness -- Does Money Make People Happy? -- How Does Health Affect Happiness? -- Family Life and Happiness -- How Can I Increase My Happiness? -- Part II: Next Lessons -- Can Government Increase My Happiness: Transition Countries -- Can...

A Brief History of Social Choice and Welfare Theory -- Kenneth J. Arrow -- John C. Harsanyi -- Paul A. Samuelson -- Amartya K. Sen -- Salvador Barberà -- John Broome -- Gabrielle Demange -- David Donaldson -- Peter C. Fishburn -- Allan Gibbard -- Peter J. Hammond -- Prasanta K. Pattanaik --...

Chapter 1. Introduction and overview of the model -- Chapter 2. Child labor and the macroeconomy -- Chapter 3. Microeconomics of child labor: Child labor, optimum savings and human capital accumulation -- Chapter 4. Is there a Culture of Child Labor? The Decision-making process of working, with...

Economic Thinking on the Road (or Thereabouts) -- Economic Signals -- Labor Issues -- Information and Misinformation -- The Things We Value -- Contest and Conflict in Society -- More on Politics and Policy -- Restricting the Marketplace -- Bringing It All Back Home.