Welfare Economics; The Apparatus And The Myth (12/10/96)
Professor Amartya Sen: 1998 Nobel Prize winner for his contributions to welfare economics.
Welfare Economist, Arthur Cecil Pigou
Neo-Paretian welfare economics and neoclassical micro-economics, Wageningen Economic Papers
Austrian Welfare Economics? A Misesian Response (05/28/98) By: Pat Gunning
Welfare economics is a branch of economics which deals with the distributional impact of policy changes. According to Arnold C. Harberger in Fortune:
"Applied welfare economics is the fruition of microeconomics. It deals with the costs and benefits of just about everything--public projects, taxes on commodities, taxes on factors of production...and various aspects of labor market behavior (like minimum wages, the monopoly power of labor unions, and so on)."
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