||1 of 2 people found the following review helpful.| Analytical summaries of the best of the literature|By Kenneth Prewitt |The Frontier Issues in Economic Thought summaries, along with the overview essays, provide a markedly different service from the standard collection of abstracts. The series will benefit not only scholarly work but the application of our best thinking to the problems of the times. K|About the Author|
|Frank Ackerman is senior research associate at the Global Development And Environment Institute at Tufts University. |David Kiron is research associate at the Global Development And Environment Institute at Tufts University. |Neva R. Go
What are the ends of economic activity? According to neoclassical theory, efficient interaction of the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that issue, considering such questions as:
Does the maximization of individual welfare reall... [PDF.ho31] Human Well-Being and Economic Goals (Frontier Issues in Economic Thought) Rating: 3.62 (701 Votes)
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