The Economics of Welfare

Pigou, Arthur C.
(1877-1959)
CEE
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Editor/Trans.
First Pub. Date
1920
Publisher/Edition
London: Macmillan and Co.
Pub. Date
1932
Comments
4th edition.
TABLE OF CONTENTS
Cover
Table of Contents
About the Book and Author
Preface to the Third Edition (1928)
Note to the Fourth Edition (1932)
PART I Welfare and the National Dividend
I.I Welfare and Economic Welfare
I.II Desires and Satisfactions
I.III The National Dividend
I.IV What is Meant by Maintaining Capital Intact
I.V Changes in the Size of the National Dividend
I.VI The Measurement of Changes in the Size of the National Dividend
I.VII Economic Welfare and Changes in the Size of the National Dividend
I.VIII Economic Welfare and Changes in the Distribution of the National Dividend
I.IX Reactions Through the Numbers of the Population
I.X The National Dividend and the Quality of the People
I.XI The Method of Discussion to be Followed
PART II The Size of the National Dividend and the Distribution of Resources Among Different Uses
II.I Introductory
II.II The Definition of Marginal Social and Private net Products
II.III The Values of Marginal Social net Products and the Size of the National Dividend
II.IV Rates of Return and the Values of Marginal Private net Products
II.V The Effects of Eliminating Obstacles to Movement
II.VI Hindrances to Equality of Returns due to Imperfect Knowledge
II.VII Hindrances to Equality of Returns due to Imperfect Divisibility of the Units in Terms of Which Transactions are Conducted
II.VIII Hindrances to Equality of Returns due to Relative Variations of Demand in Different Occupations and Places
II.IX Divergences Between Marginal Social net Product and Marginal Private net Product
II.X Marginal Private and Social net Products in Relation to Industrial Forms
II.XI Increasing and Decreasing Supply Price
II.XII State Regulation of Competitive Prices
II.XIII State Regulation of Supplies
II.XIV The Conditions of Monopolisation
II.XV Monopolistic Competition
II.XVI Simple Monopoly
II.XVII Discriminating Monopoly
II.XVIII The Special Problem of Railway Rates
II.XIX Purchasers' Associations
II.XX Intervention by Public Authorities
II.XXI Public Control of Monopoly
II.XXII Public Operation of Industries
PART III The National Dividend and Labour
III.I Industrial Peace
III.II The Classification of Industrial Differences
III.III Voluntary Arrangements for Conciliation and Arbitration
III.IV Mediation
III.V Coercive Intervention
III.VI An Analytical View of Industrial Peace
III.VII Hours of Labour
III.VIII The Methods of Industrial Remuneration
III.IX The Distribution of Labour Among Occupations and Places
III.X Employment Exchanges
III.XI Unemployment Versus Short Time
III.XII The Practicability of Interference to Raise Wages
III.XIII Methods of Engaging Labour
III.XIV Interference to Raise Wages in Places and Occupations Where They are Unfair
III.XV Fair Wages Inside Particular Industries
III.XVI Fairness as a Variable Relation
III.XVII Interference to Raise Wages in Places and Occupations Where They are Already Fair
III.XVIII Wage Rates and Capacity
III.XIX A National Minimum Time-wage
III.XX Fixed and Fluctuating Wage Rates in Particular Industries
PART IV The Distribution of the national Dividend
IV.I The General Problem of Disharmony
IV.II Pareto's law
IV.III The Supply of Capital and Labour
IV.IV Inventions and Improvements
IV.V The Manipulation of Wages
IV.VI Rationing
IV.VII Subsidies to Wages
IV.VIII Direct Transferences From the Relatively Rich to the Relatively Poor
IV.IX The Effect on the National Dividend of the Expectation of Transferences From the Relatively Rich
IV.X The Effect on the National Dividend of the Expectation of Transferences to the Poor
IV.XI Bounties on Things Purchased by the Poor
IV.XII The Effect on the National Dividend of the Fact of Transference From the Relatively Rich to the Poor
IV.XIII A National Minimum Standard of Real Income
Appendix I Uncertainty-bearing as a Factor of Production
Appendix II The Measurement of Elasticities of Demand
Appendix III A Mathematical and Diagrammatic Treatment of Certain Problems of Competition and Monopoly
Footnotes to Parts I and II
Footnotes to Parts III, IV, and Appendices
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