Economists warn that policies to level the economic playing field come with a hefty price tag. But this so-called 'equality-efficiency trade-off' - has proven difficult to document. The data suggest, instead, that the extraordinary levels of economic inequality now experienced i…
Can the needs of capital ever be reconciled with the needs of people? To what extent can social policies bridge the gap between social rights and human welfarea̧nd economic competitiveness in a global world? Building on previous writings on political economy and human need ̧this …
First published in 1950, this text is concerned with the exposition, criticism, and appreciation of the theory of economic welfare as it had been developed to that date. It represents an attempt to clarify what was meant by "welfare"; to distinguish measurable, verifiable elemen…
