11. GENERAL EQUILIBRIUM THEORY AND WELFARE THEORY

Chapters in this book

1. Frontmatter i
2. CONTENTS v
3. PREFACE vii
4. INTRODUCTION 1
5. 1. EARLY ECONOMIC THOUGHT 5
6. 2. CLASSICAL ECONOMICS 17
7. 3. MARX AND THE SOCIALISTS 43
8. 4. THE RISE OF MARGINALISM 57
9. 5. MARSHALL AND THE THEORY OF PARTIAL EQUILIBRIUM 81
10. 6. UTILITARIANISM, WELFARE THEORY, AND SYSTEMS DEBATE 89
11. 7. IMPERFECT COMPETITION 105
12. 8. SCHUMPETER AND THE PRINCIPLE OF CREATIVE DESTRUCTION 113
13. 9. KEYNES AND THE PRINCIPLE OF EFFECTIVE DEMAND 121
14. 10. REACTIONS TO KEYNES 133
15. 11. GENERAL EQUILIBRIUM THEORY AND WELFARE THEORY 153
16. 12. DEVELOPMENTS IN SELECTED FIELDS 165
17. A FINAL WORD 185
18. REFERENCES AND BIBLIOGRAPHY 187
19. INDEX 195