This paper asks, under what conditions can the Fundamental Theorem of Welfare Economics be extended to economies with … redistributions) . Just as the Fundamental Theorem of Welfare Economics does not adequately reflect the vices and virtues of …

framework, technology, contacts with the outside world, and changes in power and wealth matter not just directly but because …

simplistic models arguing for financial integration typically employed in economics assume convexity; but the world is rife with …