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About this book
Originally published in 1920, The Economics of Welfare provided a solution to the much discussed problem of externalities associated with market inefficiencies such as the problem of pollution. The concept of externalities remains central to modern day welfare economics and particularly environmental economics.
Keywords
- competition
- economics
- employment
- methods
- Polis
- production
- unemployment
- welfare
- welfare economics
About the author
Arthur Cecil Pigou (1877–1959) succeeded his teacher Alfred Marshall in the Chair of Political Economy at the University of Cambridge in 1908. Over his long tenure in the professorship, ending in 1943, he institutionalized one of the most influential schools of thought in economics. Author of more than 30 books and 100 articles and pamphlets, The Economics of Welfare was his magnum opus.
Bibliographic Information
Book Title: The Economics of Welfare
Authors: A. Pigou
Series Title: Palgrave Classics in Economics
Publisher: Palgrave Macmillan London
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2013
Softcover ISBN: 978-0-230-24931-8Published: 06 December 2013
Series ISSN: 2947-6569
Series E-ISSN: 2947-6577
Edition Number: 1
Number of Pages: XX, 876