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WELFARE ECONOMICS AND THE THEORY OF ECONOMIC POLICY - Pieter Hennipman (Hardcover)
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WELFARE ECONOMICS AND THE THEORY OF ECONOMIC POLICY - Pieter Hennipman (Hardcover)
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Pieter Hennipman, the leading Dutch economist of the post-war
period, made many substantial contributions to economic policy,
welfare economics and, latterly, the methodology and history of
economic thought during a long and distinguished career.Welfare
Economics and the Theory of Economic Policy brings together a key
selection of Professor Hennipman's papers - many of which have not
been published in English before - which express his profound
analysis of the theory of economic policy and his masterful
discussion of its definition, character and scope. The pioneering
work featured here developed his argument that normative economic
statements and economic policies can be analysed scientifically and
evaluated with the use of objective criteria. Prominent among these
papers are the contributions to welfare economics and Pieter
Hennipman's examination of the transition from the view that
welfare was exclusively dependent on production to one which saw it
as a subjective phenomenon dependent upon consumption. This volume
also includes his rigorous and insightful essays on the history of
the theory of welfare economics. With a thorough introduction by
Donald Walker, this comprehensive volume will improve access to
Professor Hennipman's outstanding contributions on the nature of
the theory of economic policy as well as papers which place welfare
theory in relation to other sections of economic theory in a
penetrating and sophisticated manner.
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