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"This book re-examines early-twentieth-century British welfare economics in the context of the emergence of the welfare state. There are fresh views of the well-known Cambridge School of Sidgwick, Marshall, Pigou, and Keynes, by Peter Groenewegen, Steven G. Medema, and Martin Daunton. This is placed against a less well-known Oxford approach to welfare: Yuichi Shionoya explores its foundations in the idealist philosophy of T.H. Green; Roger E. Backhouse considers the work of its leading exponent, J.A. Hobson; and Tamotsu Nishizawa discusses the spread of this approach in Britain. Finally, the book covers welfare economics in the policy arena: Maria Cristina Marcuzzo and Atsushi Komine discuss Keynes and Beveridge, and Richard Toye points to the possible influence of H.G. Wells on Churchill and Lloyd George. A substantial introduction frames the discussion, and a postscript relates these ideas to the work of Robbins and subsequent developments in welfare economics"--Provided by publisher

Verlagsinfo: "Introduction to Welfare theory, public action and ethical values Revisiting the history of welfare economics By Roger E. Backhouse, Antoinette Baujard and Tamotsu Nishizawa The Introduction explains the concepts of welfarism and non-welfarism, relating it to the way economists have typically approached the problem of welfare. Drawing on the chapters in the volume, it explores ways in which economists have departed from welfarism when tackling practical problems and discussing public policy. Welfarism, non-welfarism, welfare, public policy, ethics, economics, individualism Introduction Welfare economics is the part of economics that deals with evaluating states of the world and formulating recommendations for policies that would improve the well-being of society as a whole. It covers not only a body of policy advice but, arguably more important, a body of principles on which such evaluations and recommendations should be based. Economists frequently make the claim that how well-off society is, which we refer to as social welfare, depends solely on the well-being of the individuals making up that society. In other words, if a change does not make any individual better off, then social welfare cannot have increased."

This text presents Alfred Marshalls final, unfinished, and unpublished book. His main volume, Principles of Economics, was first published in 1890, and was, for a long period of time, the textbook par excellence on which generations of economists were trained. Despite its success and its importance, the book, in its eight editions, testifies to some extent to the failure of Marshalls original editorial project which should have consisted of multiple volumes and culminated with the publication of a final work on economic progress. Marshalls death in 1924 made it impossible to realize his project, but many notes written for it have survived. These notes, collected here, constitute a fundamental element in fully understanding the thought and perspectives of this great economist and in appreciating his great modernity and wisdom. --

"This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought"--

"This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought"--