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Modern Welfare Economics: A Pigovian Synthesis of the Classical and Neoclassical Welfare Doctrines – A Suggested Interpretation

The problem with which this investigation is concerned is that of ascertaining whether or not A. C. Pigou led to the development of a modern school of Welfare Economics. This study has a threefold purpose. The first is to examine the welfare criterion of the classical tradition. The second is to examine the welfare criterion of the neoclassical tradition. The third is to develop a synthesis of classical and neoclassical into a modern welfare criterion. This study concludes that A. C. Pigou has founded a modern school of Welfare Economics. Pigou accomplished this by synthesizing the welfare doctrines of the classical tradition with that of the neoclassical tradition.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc663556
Date08 1900
CreatorsHilpirt, Rod E.
ContributorsArmey, Richard K., 1940-, Rachel, Frank M.
PublisherNorth Texas State University
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
Formativ, 92 leaves: ill., Text
RightsPublic, Hilpirt, Rod E., Copyright, Copyright is held by the author, unless otherwise noted. All rights

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