Welfare theory, public action, and ethical values : revisiting the history of welfare economics
Author(s)
Bibliographic Information
Welfare theory, public action, and ethical values : revisiting the history of welfare economics
Cambridge University Press, 2021
Available at 13 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
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 range of ethical values, whether equality, justice, freedom, or democracy. Even canonical authors in the history of welfare economics are shown to have adopted ethical positions different from those with which they are commonly associated. Welfare Theory, Public Action, and Ethical Values explores the reasons and implications of this, drawing on concepts of welfarism and non-welfarism developed in modern welfare economics. The authors exemplify how economic theory, public affairs and political philosophy interact, challenging the status quo in order to push economists and historians to reconsider the nature and meaning of welfare economics.
Table of Contents
- Introduction: revisiting the history of welfare economics Roger E. Backhouse, Antoinette Baujard and Tamotsu Nishizawa
- Part I. Plurality of Welfare in the Making of Welfare Economics: 1. Ruskin's romantic triangle: neither wealth nor beauty but life Yuichi Shionoya
- 2. Radicalism versus Ruskin: quality and quantity in Hobson's welfare economics Peter Cain
- 3. Alfred Marshall on progress and human wellbeing Tamotsu Nishizawa
- 4. Pigou's welfare economics revisited: a non-welfarist and non-utilitarian interpretation Satoshi Yamazaki
- 5. To which kind of welfare did Léon Walras refer? The theorems and the state Richard Arena
- 6. Value judgement within Pareto's economic and sociological approaches to welfare Rogerio Arthmar and Michael McClure
- Part II. Developing Modern Welfare Economics: 7. John Hicks's farewell to economic welfarism: how deeply rooted and far reaching is his Non-Welfarist Manifesto? Kotaro Suzumura
- 8. Individualism and ethics: Paul Samuelson's welfare economics Roger E. Backhouse
- 9. Non welfarism in the early debates over the Coase theorem: the case of environmental economics Steven Medema
- 10. Richard Musgrave and the idea of community Maxime Desmarais-Tremblay
- 11. Non-welfaristic features of Kenneth Arrow's ideas of justice Nao Saito
- 12. Beyond welfarism: the potential and limitations of the capability approach Constanze Binder
- 13. The influence of Sen's applied economics on his non-welfarist approach to justice: agency at the core of public action for removing injustices Muriel Gilardone
- Conclusion Roger E. Backhouse, Antoinette Baujard, and Tamotsu Nishizawa.
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