On Joseph Cropsey's "What Is Welfare Economics?".
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| Title: | On Joseph Cropsey's "What Is Welfare Economics?". |
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| Authors: | Schliesser, Eric |
| Source: | Ethics. Apr2015, Vol. 125 Issue 3, p847-850. 4p. |
| Subjects: | Welfare economics, Mathematical economics, Nobel Prizes, Economic research, Societies |
| Abstract: | An essay on the 1955 article "What is Welfare Economics?" by Joseph Cropsey is presented. It talks about the age of revolution in economics between 1930-1940, called new welfare economics (NWE) which reportedly became a highly technical discipline within mathematical economics. It references Paul Samuelson's "Foundations of Economic Analysis" and cites an argument by George Stigler, winner of the 1982 Nobel Prize in economics, regarding NWE consensus over values in a given society. |
| Database: | Psychology and Behavioral Sciences Collection |
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| Abstract: | An essay on the 1955 article "What is Welfare Economics?" by Joseph Cropsey is presented. It talks about the age of revolution in economics between 1930-1940, called new welfare economics (NWE) which reportedly became a highly technical discipline within mathematical economics. It references Paul Samuelson's "Foundations of Economic Analysis" and cites an argument by George Stigler, winner of the 1982 Nobel Prize in economics, regarding NWE consensus over values in a given society. |
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| ISSN: | 00141704 |
| DOI: | 10.1086/679548 |