... . McLure M. 2010 . “Pareto, Pigou, and Third-Party Consumption: Divergent Approaches to Welfare Theory with Implications for the Study of Public Finance.” European Journal of the History of Economic Thought 17 ( 4 ): 635 – 57 . McMeekin A. Tomlinson M. Green K. Walsh V...

... and the Rise of Trygve Haavelmo's Probability Approach. Econometric Theory 21 : 491 –533. ———. 2007a . Ragnar Frisch's Business Cycle Approach: The Genesis of the Propagation and Impulse Model. European Journal of the History of Economic Thought 14 : 449 –86. ———. 2007b . Writing...

... Tamotsu , eds. 2021 . Welfare Theory, Public Action, and Ethical Values: Revisiting the History of Welfare Economics . Cambridge : Cambridge University Press . Baujard Antoinette . 2016 . “ Welfare Economics .” In Handbook of the History of Economic Analysis , vol. 3 , edited...

... Exaggerated .” Social Choice and Welfare 25 : 381 – 418 . Hands Wade D. 2014 . “ Paul Samuelson and Revealed Preference Theory .” History of Political Economy 46 : 85 – 116 . Kelly J. S. 1987 . “ An Interview with Kenneth J. Arrow .” Social Choice and Welfare 4 : 43 – 62...

... history of the fi rst fun- damental theorem of modern welfare economics begins in 1906 and only in 1906. That, however, is not what we are told by textbook writers and even leading mainstream economists. Ross Starr’s (1997, 146) introductory text to general equilibrium theory states...

... of economics—positive theory—to the theo- rists. But his solution also left one with the feeling that the scientists had not won much, since, other than in some unspecified abstract way, positive economics was irrelevant for applied policy. Keynes’s view of theory has a long history in English classical...

[email protected] . Copyright 2020 by Duke University Press 2020 Bruno de Finetti history of welfare theory social welfare function References Amoroso Luigi . 1921 . Lezioni di economia matematica . Bologna : Zanichelli . Amoroso Luigi . 1928 . “ Discussione del sistema di...

...Steven G. Medema The notion of a Pigovian tradition in externality theory, against which Ronald Coase and others reacted beginning in the 1960s, has a long history. This article, though, suggests that the literature of economics evidences no such tradition, and that the discussion of externalities...

...Terry Peach Based on an appraisal of Smith's (nonutilitarian) understanding of happiness in The Theory of Moral Sentiments , this article considers the possible origin, meaning, and fate of the “real measure” qua index of social happiness/welfare. It is suggested that the original welfare usage...

..., l Marshall on Economic Growth, ’ ’ Scottish Journal of Political Economy 3 (1956) :2-3, 6-7. 228 HISTORY OF POLITICAL ECONOMY welfare theory, which English economists did not pick up again until the 1930s. Pareto. Pareto was familiar with the wonks of ISpencer and was influenced...

... and Method of Political Economy . London : Macmillan . Lerner Abba . 1944 . The Economics of Control: Principles of Welfare Economics . New York : Macmillan . Mas-Colell Andreu Whinston Michael Green Jerry . 1995 . Microeconomic Theory . New York : Oxford University Press...

... of the History of Economic Thought 7.3 : 407 -22. Gladstein, Gerald A. 1984 . The Historical Roots of Contemporary Empathy Research. Journal of the History of the Behavioral Sciences 20.1 : 38 -59. Harsanyi, John C. 1953 . Cardinal Utility in Welfare Economics and in the Theory of Risk-Taking...

... by the Lectures (“Preface,” in K. Wicksell, Selected Papers on Economic Theory, ed. E. Lindahl, London, 1958, p. 5). 38 History of Political Economy (1982) like Samuelson, Musgrave, and Buchanan recognize him as their pre- cursor or even as “the intellectual father of modern public...

... in its ultimate effect on social welfare. There is, however, another line of argument involving Smith’s use of the impartial spectator to give a normative basis for policy. Haakonssen argues that although Smith’s theory of the impartial spectator gave a “clear normative basis...

... I turn now to a concrete example of how the conversational stance opens up the range of questions an economist can usefully explore. Here I lay out the basics of the neoclassical model, highlighting the relation­ ship between consumer theory and welfare economics. As we shall see...

..., University of North Carolina, Asheville I. Introduction Basic concepts of early welfare theory were attributed to the work of A. C. Pigou. As Marshall’s successor in the chair of Political Econ- omy at Cambridge in 1908, Pigou was in a position to have his ideas...

... to the provost . King’s College Archive Centre , Coll. 42: Fellowship Election—1901 A.C. Pigou . McLure Michael . 2010 . “ Pareto, Pigou, and Third-Party Consumption: Divergent Approaches to Welfare Theory with Implications for the Study of Public Finance .” European Journal of the History...

... . On the Problem of Integrability of Demand Functions . In Chipman et al. 1971. Martina, Alan. 2000 . Antonelli's Analytical Techniques: Their Exploitation in Deriving Results in Duality Theory. The European Journal of the History of Economic Thought , forthcoming. Mirrlees, James A. 1975 . Optimal...

.... 1980 . ‘A. T. Hadley on monopoly theory and railway regulation: an American contribution to economic analysis and policy.’ History of Political Economy 12 : 214 -33. Culbetson Jr. W. P. , and R. B. Ekelund Jr. 1977 . ‘John A. Hobson and the theory of discriminating monopoly.’ History...

...., and Boulding, K. E., Readings in Price Theory . Homewood, Ill., 1952. Wright , P. G. , 1917 . “Total Utility and Consumers' Surplus Under Varying Conditions of the Distribution of Income.” Quarterly Journal of Economics , 31 : 307 -318. Pigou , A. C. , 1920 Economics of Welfare . London...