Readership: Academics and students across the social sciences, and anyone interested in the role of government in economic policy-making.
I. M. D. Little, Emeritus Fellow of Nuffield College, University of Oxford
Review(s) from previous edition"A most useful piece of work, displaying both depth of philosophical insight and virtuosity in technical economics - Economica
"Little has done an important service in clearing away much of the metaphysical rubble which has cluttered up this field of economic theory . . . with an elegance and precision of language which makes the tidying-up process almost at aesthetic pleasure on its own account." - Financial Times
"270 pages of highly concentrated and subtle thinking" - TLS
"This book establishes [Little] as a thinker of the first flight and a fine economic theorist'" - The Economist
1: Utilitarian Economics 2: The Analysis of Consumers' Behaviour 3: The Choice Criterion 4: The Distribution of Welfare 5: Value Judgements and Welfare Economics 6: The New Welfare Economics (1): Welfare Criteria 7: The New Welfare Economics (2): The Economic Welfare Function 8: The 'Optimum' Conditions of Production and Exchange (1) 9: The 'Optimum' Conditions of Production and Exchange (2) 10: Indivisibilities and Consumers' Surplus 11: Output and Price Policy in Public Enterprise 12: The Valuation of the National Income 13: Welfare Theory and International Trade 14: Welfare Theory and Politics 15: Conclusions Appendices: