The Theory of Social Costs of K. William Kapp: Some Notes on Sebastian Berger’s The Social Costs of Neoliberalism

Vítor Neves

Forum for Social Economics, 2020, vol. 49, issue 3, 332-344

Abstract: In the last few years, there has been a revival of interest in the work of K. William Kapp. The recent publication of The Social Costs of Neoliberalism: Essays on the Economics of K. William Kapp, by Sebastian Berger, provides us an excellent opportunity to revisit Kapp’s work on social costs. In this short paper, I discuss three issues: (1) the definition of social costs; (2) the relationship between Kapp’s approach to social costs and neoliberalism; and, finally, (3) the valuation problem. It is expected that this may contribute to stimulate further research interest and debate on Kapp’s work.

Date: 2020
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DOI: 10.1080/07360932.2018.1481127

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