Abstract
How selfish soever man be supposed, there are evidently some principles in his nature which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.—Adam Smith inThe Theory of Moral Sentiments.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
K. Boulding, “Economics as a Moral Science”,American Economic Review, March, 1969,59, 1–14.
——, “Notes on a Theory of Philanthropy”, in F. G. Dickinson (ed.)Philanthropy and Public Policy, New York, 1962.
J. M. Buchanan, “What Kind of Redistribution Do We Want”,Economica, May, 1968,40, 185–190.
--,Cost and Choice, New York, 1969.
——, and W. C. Stubblebine, “Externality”,Economica, Nov. 1962,34, 371–384.
G. Daly and F. Giertz, “Welfare Economics and Welfare Reform”,American Economic Review, March 1972,62, 131–138.
J. De V. Graaff,Theoretical Welfare Economics, Cambridge, 1967.
R. S. Goldfarb, “Pareto Optimal Redistribution: Comment”,American Economic Review, Dec. 1970,60, 994–996.
H. M. Hochman and J. D. Rodgers, “Pareto Optimal Redistribution”,American Economic Review, Sept. 1969,59, 542–557.
T. R. Ireland and D. B. Johnson,The Economics of Charity, Blacksburg, 1970.
E. O. Olsen, “A Normative Theory of Transfers”,Public Choice, Spring 1969,6, 39–58.
--, “Transfers in Cash or in kind”,American Economic Review, March 1971,61.
——, “Some Theorems in the Theory of Efficient Transfers”,Journal of Political Economy, January/February 1971,79, 166–176.
M. Pauly, “Efficiency in the Provision of Consumption Subsidies”,Kyklos, Jan. 1970,23, 33–57.
L. D. Schall, “Interdependent Utilities and Pareto Optimality,”Quarterly Journal of Economics, February 1972,86, 19–24.
R. A. Schwartz, “Personal Philanthropic Contributions,”Journal of Political Economy, November/December 1970,78, 1264–1291.
R. H. Scott, “Avarice, Altruism and Second Party Preferences.”Quarterly Journal Economics, February 1972,86, 1–18.
L. D. Thurow, “The Income Distribution as a Pure Public Good,”Quarterly Journal of Economics, May 1971,85, 327–336.
G. Tullock, “The Social Rate of Discount and the Optimal Rate of Investment: Comment,”Quarterly Journal of Economics, May 1964,78, 332–336.
——, “Subsidized Housing in a Competitive Market: Comment,”American Economic Review, March 1971,61, 218–219.
——, “The Charity of the Uncharitable,”Western Economic Journal, September 1971,9, 379–392.
W. Vickrey, “One Economist's View of Philanthropy”, in F. G. Dickinson (ed).Philantrophy and Public Policy, New York, 1962.
K. Wicksell, “A New Principle of Just Taxation”, in R. Musgrave and A. Peacock (eds.)Classics in the Theory of Public Finance, New York, 1958.
R. Zeckhauser, “Optimal Mechanisms for Income Transfer”,American Economic Review, June 1971,61.
Additional information
The authors are members of the Economics Departments of the University of Houston and Miami University, Oxford, Ohio, respectively.
Rights and permissions
About this article
Cite this article
Daly, G., Giertz, J.F. Benevolence, malevolence and economic theory. Public Choice 13, 1–19 (1972). https://doi.org/10.1007/BF01718848
Issue Date:
DOI: https://doi.org/10.1007/BF01718848