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Finding Equilibrium explores the post-World War II transformation of economics by constructing a history of the proof of its central dogma--that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by...
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This paper analyses the foundation of utilitarian ethics and theory of probability in the works of Francis Y. Edgeworth. We argue that he pursued an unitary philosophical project, the search for a common epistemological foundation for the social sciences. The common root of the disciplines is...
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Most of the chapters in Mundell's International Economics differ, owing to adaptation, from the original sources. The revisions yield valuable insights into the contributions made by the initial publications. In this paper we look only at the changes that take the form of elisions of material....
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A focus on the information used in Bentham’s felicific calculus sheds new light on the contemporary debate in normative economics opposing non-welfarism to welfarism. As a utilitarian, Bentham is de facto welfarist on a moral sense. Unexpectedly, this study shows Bentham resorts to...
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