This innovative history of welfare economics challenges the view that welfare economics can be discussed without taking ethical values into account. Whatever their theoretical commitments, when economists have considered practical problems relating to public policy, they have adopted a wider...

Machine generated contents note: -- Part I. Varieties of Liberalism and the early welfare state: UK, Germany, and Japan -- 1. Liberalism and the welfare state in Britain, 1880-1945 -- Roger Backhouse, Bradley Bateman, and Tamotsu Nishizawa -- 2. New liberalism to the new right: economists and...

This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from...

This highly illuminating book marks a significant stage in our growing understanding of how the development of national traditions of economic thought has been affected by both internal and external factors

Marshall’s contribution to welfare economics is often summarized in the analytical tools developed in his Principles of Economics. Nonetheless, Marshall’s welfare economics cannot be reduced to the analysis developed in Principles. There are other writings where it is possible to find a more...

The paper focuses on Marshall’s ideas of the economic and socio-ethical progress, of the development of man’s higher faculties, and of people’s welfare and improvement of their quality of life. The studies on economic and social progress with prospects for the elimination of human poverty...