Hosseini, Hamid - In: Humanomics: The International Journal of Systems and Ethics 26 (2010) May, pp. 99-111
of welfare economics, assume that it is efficient, just, smooth functioning, and self-regulating. Design …/methodology/approach – The paper utilizes conceptual/theoretical research and arguments that have emerged in the literatures of public economics … and welfare economics. Findings – In addition to proving the above, the paper also finds that Adam Smith is actually a …