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The paper analyzes how and to what extent the ideas to maximize public welfare become public choice. It examines the effects of the selfish pursuit of self-interest and altruistic concern for others. The conclusion is that we need government social policy to respond to insufficient in terms of...
Persistent link: https://www.econbiz.de/10015254981
The paper analyzes how and to what extent the ideas to maximize public welfare become public choice. It examines the effects of the selfish pursuit of self-interest and altruistic concern for others. The conclusion is that we need government social policy to respond to insufficient in terms of...
Persistent link: https://www.econbiz.de/10015254986
The paper analyses main normative views on distribution. By using Edgeworth box diagram and model of the boundary of possible utility it presents the ideas of utilitarians, libertarians, liber-als and socialists. Looking for possible consensus it concludes that the achievement of equality and...
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