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Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest. …
This book demonstrates that, when reforming the water sector, policymakers should arrange social policies that mitigate the negative impact of reforms. It presents a detailed …
Nanak Kakwani and Hyun Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and …
We must quickly learn how to live well in the world as it is today, including the realm of work. We need to learn a new vocabulary of economics and markets that is more suitable to …
This analysis proposes a political explanation for the breakdown of Keynesian full employment in Australia. It taps into the current literature that examines the role of economic …
Some goods and services are normally left to the market mechanism. Health care is often described as an exception to the rule. Society wants care to be allocated equitably; it …
This book addresses distributive justice across generations and includes original theories from distinguished economists on intergenerational equity, efficiency and rationality, …
This book examines the efficiency and effectiveness of economic policies in Europe, and explores the implications for social equity. It argues for an integrated approach to …
This non-technical volume analyses topical problems of public finance in a changing world characterized by growing mobility of production factors, liberalized economic policy …