Economics Dictionary of Arguments

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Welfare economics: Welfare economics examines how resources are allocated for optimal societal well-being and efficiency. It assesses the distribution and utilization of goods and services, aiming to maximize overall social welfare. See also Utilitarianism, Society, Justice, Distributive justicem, Efficiency, Pareto-Optimum.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Julian Lamont on Welfare Economics - Dictionary of Arguments

Gaus I 223
Welfare economics/economic theories/Lamont: The various positions on offer usually describe idealized distributive systems, which often attract the criticism that such systems could never be realized — 'they don't apply to the real world' is how the complaint is expressed.
LamontVs: his criticism is misguided, as it misconstrues the practical influence of normative theories of distributive justice.
These theories should be viewed not as holding out a utopian dream, but as proposing ideals against which the messiness of real-world systems can be understood and evaluated.

Lamont, Julian, „Distributive Justice“. In: Gaus, Gerald F. & Kukathas, Chandran 2004. Handbook of Political Theory. SAGE Publications

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Lamont, Julian
Gaus I
Gerald F. Gaus
Chandran Kukathas
Handbook of Political Theory London 2004

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