A Survey of Welfare Economics, 1939-59

Enrico Barone's ‘Ministry of Production’: Content and Context

“…It is a matter of indifference whether we enter A's receipts as the proceeds of eight hours' labour, or as the proceeds of 27 On this point, see Bergson (1938), Samuelson (1947), Mishan (1960) and Dooley (1998, pp. .…”

Economics as a Moral Science

“…The leading economic theorists of the day—Pigou, Harrod, Hicks, Kaldor, Lange, Samuelson and Scitovsky—all actively engaged in exploration of the foundations of welfare economics. The survey of ‘welfare economics, 1939–1959’ in the Economic Journal by Mishan (1960) referenced more than 60 articles on the theory of welfare criteria, with titles such as:…”

Playing Fair With Fairness (A Comment on Arnsperger's ‘Envy‐freeness and Distributive Justice’)

“…One cannot just use this name off-hand to mean something different, at least if one believes that economics and ethics are social sciences rather than pure (second rate) mathematics. This is all the more confusing because another field of economics studies envy and its consequences by modelling it as a negative externality (Duesenberry, 1949;Mishan, 1960;Kolm, 1966Kolm, , 1972Kolm, , 1990Kolm, , 1991cKolm, and 1995aScott, 1972;Brennan, 1973;Hirschman, 1973;Boskin and Sheshinski, 1978;Goldman and Sussangkam, 1983;Villar, 1988;Nieto, 1991, and others). Now, it is not the case that, as Arnsperger says, at some point I reacted to the name 'envy' and wanted to replace it by something else2.…”