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Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- Foreword: The Triumphs of Kenneth Arrow -- Introduction: Chance Favors -- 1 A Life in Economics -- 2 On Ethics and Economics -- 3 The Global Economic Meltdown of 2008 -- 4 Information as an Economic Commodity -- Afterword: April, 2016 -- Appendix: The Complete Works of Kenneth J. Arrow -- Index

"Originally published in 1951, Social Choice and Individual Values introduced "Arrow's Impossibility Theorem" and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers."--Provided by publisher.

This book, with an overview introduction by Kenneth J.Arrow, is the first volume of the proceedings of the World Economic Congress held in Athens, Greece, in August/September 1989 under the auspices of the International Economic Association. It contains in Part 1 lectures from the plenary session by distinguished world economists. Part 2 contains surveys and reflections on various aspects of markets in equilibrium. Part 3 is concerned with normative criteria for economic policy within the framework of welfare and social choice theory.