Full Description
The volume is divided into three parts:
A: Economic Growth and Related Problems (covering international trade and economic integration, including a comparative study between Europe and America)
B: Theoretical Welfare Economics (welfare propositions in economics, profit maximization and its implications and the Theory of Tariffs)
C: Practical Welfare Economics (the price of economic progress, equity and international payments).
Contents
A) ECONOMIC GROWTH AND RELATED PROBLEMS 1. A Study of Interest and Capital 2. Capital Accumulation, Employment and Price Rigidity 3. Two Concepts of External Economies 4. Monopoly and Competition in Europe and American 5. Growth 6. International Trade and Economic Integration as Means of Overcoming the Disadvantages of a Small Nation B) THEORETICAL WELFARE ECONOMICS 7. A Note on Welfare Propositions in Economics 8. A Reconstruction of the Theory of Tariffs 9. A Note on Profit Maximisation and its Implications 10. The State of Welfare Economics C) PRATICAL WELFARE ECONOMICS 11. Some Consequences of the Habit of Judging Quality by Price 12. Ignorance as a Source of Oligopoly Power 13. What Price Economic Progress? 14. A Critique of Present and Proposed Standards 15. On the Principle of Consumers' Sovereignty 16. Equity 17. International Payments in Laputa
