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Commodities and Capabilities presents a set of inter-related theses concerning the foundations of welfare economics, and in particular about the assessment of personal well-being and advantage. The argument presented focuses on the capability to function, i.e. what a person can... Read Full Overview

This monograph explores the foundations of welfare economics - in particular the assessment of personal well-being and advantage. Arguments are presented against the usual concentration on ''utility'' (as in traditional welfare economics) and on ''opulence'' (as in ''real income''... Read Full Overview