This paper provides the text of the Gunnar Myrdal Lecture presented at the U.N. Palais des Nations in 2006. It provides an analysis of why different countries in the western world have chosen different models of the welfare state. It discusses why the American welfare system is less generous...

This paper provides a welfare analysis of trade liberalization based upon the moral principles of utilitarianism. The history of the moral philosophy of utilitarianism is described including its introduction into what became known as Cambridge welfare economics. The differences between this...