Economic Welfare

D. P. O’Brien
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D. P. O’Brien: University of Durham

Chapter 5 in Lionel Robbins, 1988, pp 51-72 from Palgrave Macmillan

Abstract: Abstract This chapter deals with Robbins’s writings on economic welfare. Robbins, it emerges, was a Utilitarian in the tradition stemming from Bentham and transmitted by, in particular, Jevons. From this Utilitarian base, coupled with a fundamental appreciation of the market and a crucial stress on the importance of liberty, Robbins dealt with matters of equality, State intervention, redistribution, taxation, socialism, competition and economic growth. It should already be clear from Chapter 3 that Robbins’s methodological position did not involve the proposition that economists should abstain from comment on policy matters. Examination of his discussions concerning economic welfare should help to make this even more clear.

Keywords: Economic Welfare; Free Entry; Interpersonal Comparison; Progressive Taxation; Restrictive Practice (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09683-1_5

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DOI: 10.1007/978-1-349-09683-1_5

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