Abstract
The Problem Situation On the Nature of this Work General Comments on the Modern Economy Edgeworth and Pareto: The Neoclassical Foundations of Welfare Economics Slutsky's Substitution Effect: The Neoclassical Transition The Theory of Contemporary Welfare Economics Introductory Discussion The Utility Optimum The Economy in Disequilibrium Economic Welfare and Dynamic Disequilibrium Preliminary Remarks The Welfare Utility Function The Welfare Utility Function and the Business Cycle The Welfare Utility Function and Dynamic Disequilibrium The Welfare Utility Function and its Global Consequences Welfare in the Developed Economy On International Trade Welfare in the Developing and Emerging Economies Concluding Remarks Selected Bibliography Index
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