The Myth of Social Cost: A critique of welfare economics and the implications for public policy

1 December 1978
Research

The Myth of Social Cost: A critique of welfare economics and the implications for public policy

Steven N. S. Cheung
1 December 1978

With a Prologue by Charles K. Rowley and an Epilogue by John Burton

For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits – … Continue reading “The Myth of Social Cost: A critique of welfare economics and the implications for public policy”

Trade Unions: Public Goods or Public ‘Bads’?

15 January 1978
Research

Trade Unions: Public Goods or Public ‘Bads’?

Lionel Robbins, Charles G. Hanson, John Burton, Cyril Grunfeld, Brian Griffiths, Alan Peacock, Lord Scarman and others
15 January 1978

Distinguished economists discuss the impact of organised labour on the British economy

In this collection of papers from the late 1970s, some of Britain’s leading economists and lawyers discuss the economic impact … Continue reading “Trade Unions: Public Goods or Public ‘Bads’?”