Quiet Revolution in Welfare Economics

by Robin Hahnel and Michael Albert

This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship...

• Format: Hardcover
• Language: English
• ISBN: 0691042527
• ISBN13: 9780691042527
• Release Date: July 1990
• Publisher: Princeton University Press
• Length: 452 Pages
• Weight: 1.85 lbs.
• Dimensions: 1.3" x 6.5" x 9.5"