The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy by Steven N.S. Cheung, Charles K. Rowley, John Burton
The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy

Steven N.S. Cheung, Charles K. Rowley, John Burton

The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy

Steven N.S. Cheung, Charles K. Rowley, John Burton

96 pages first pub 1978 (view editions)

nonfiction economics challenging informative reflective medium-paced
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For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits - in noise, smells, congestion, pollution of the environment - there is a 'clear case' for government intervention to correct the di...

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