The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy by Steven N.S. Cheung, John Burton, Charles K. Rowley
The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy
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Steven N.S. Cheung, John Burton, Charles K. Rowley
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The Myth of Social Cost: A Critique of Welfare Economics and the Implications for Public Policy

Steven N.S. Cheung, John Burton, Charles K. Rowley

96 pages • first pub 1978 (editions)

nonfiction economics challenging informative reflective medium-paced
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For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits - in noise, smells, congestion, pollution of the environment - there is a 'clear case' for government intervention to correct the di...

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