A Survey of Welfare Economics, 1939–59

E. J. Mishan
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E. J. Mishan: London School of Economics and Political Science

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Abstract: Abstract While it continues to fascinate many, welfare economics does not appear at any time to have wholly engaged the labours of any one economist. It is a subject which, apparently, one dabbles in for a while, leaves and, perhaps, returns to later in response to a troubled conscience—which goes some way to explain why, more than other branches of economics, it suffers from an unevenness in its development, a lack of homogeneity in its treatment and, until very recently, a distressing disconnectedness between its parts.2

Keywords: Marginal Cost; Welfare Economic; Indifference Curve; Compensate Variation; Optimum Tariff (search for similar items in EconPapers)
Date: 1965
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DOI: 10.1007/978-1-349-00278-8_4

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