Main description: The general assumption that social policy should be utilitarian--that society should be organized to yield the greatest level of welfare--leads inexorably to increased government interventions. Historically, however, the science of economics has advocated limits to these...

One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals leads them to the social good, almost as if orchestrated by an invisible hand. This deep insight has, over the past two centuries, been taken out...

Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and...

Lionel Robbins's now famous lectures on the history of economic thought comprise one of the greatest accounts since World War II of the evolution of economic ideas. This volume represents the first time those lectures have been published. Lord Robbins (1898-1984) was a remarkably accomplished...

This book introduces the research agenda of relational economics as a political economy for the governance of local and global economic transactions in modern societies. It analyses the mechanisms of global value creation and production networks by studying cooperation in intra- and inter-firm...

Chapter 1: Introduction -- Chapter 2: Importance of Climate Change in Economics -- Chapter 3: Mainstream Climate Economics -- Chapter 4: What is Problematic about Mainstream Climate Economics? -- Chapter 5: Why We Do Not Have More Pluralism -- Chapter 6: Climate Change and Responsibility --...

Chapter 1 Introduction -- PART I: 1905-1937 The Makings of an Applied Economist -- Chapter 2 Brilliant Beginnings -- Chapter 3 Cambridge and Fabianism -- Chapter 4 Becoming the World’s Economic Statistician -- Part II: 1937-1952 Australian Idyll -- Chapter 5 Great Southern Land -- Chapter 6...

pt. 1. Economic growth and income distribution -- pt. 2. Resource economics -- pt. 3. Capital theory and marginalism -- pt. 4. Sraffian themes -- pt. 5. Imperfect competition -- pt. 6. History of economic analysis.