The Economics of Edwin Chadwick

Robert Ekelund and Edward O. Price

in Books from Edward Elgar Publishing

Abstract: The authors detail Sir Edwin Chadwick’s sophisticated conceptions of moral hazard, common pool problems, asymmetric information, and theory of competition, all of which differ starkly from those promulgated by Adam Smith and other classical economists. Also examined are Chadwick’s views on government versus market role in dealing with problems created by natural monopoly, and whether some or all market problems justify government regulation or alterations of property rights. The authors investigate Chadwick’s utilitarian approach to labor, business cycles, and economic growth, contrasting his modern view with those of his classical economic contemporaries.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
JEL-codes: B4 (search for similar items in EconPapers)
Date: 2012
ISBN: 9781781005033
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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