20th Century · English
The Economics of Welfare
The Economics of Welfare, by Arthur Cecil Pigou (1877–1959), a public-domain text from Liberty Fund's Online Library of Liberty.
Chapters
- 01Preface to the Third Edition (1928)prose
- 02Part I: Welfare and the National Dividend, Chapter I: Welfare and Economic Welfareprose
- 03Chapter II: Desires and Satisfactionsprose
- 04Chapter III: The National Dividendprose
- 05Chapter IV: What Is Meant by Maintaining Capital Intactprose
- 06Chapter V: Changes in the Size of the National Dividendprose
- 07Chapter VI: The Measurement of Changes in the Size of the National Dividendprose
- 08Chapter VII: Economic Welfare and Changes in the Size of the National Dividendprose
- 09Chapter VIII: Economic Welfare and Changes in the Distribution of the National Dividendprose
- 10Chapter IX: Reactions Through the Numbers of the Populationprose
- 11Chapter X: The National Dividend and the Quality of the Peopleprose
- 12Chapter XI: The Method of Discussion to Be Followedprose
- 13Part II: The Size of the National Dividend and the Distribution of Resources Among Different Uses, Chapter I: Introductoprose
- 14Chapter II: The Definition of Marginal Social and Private Net Productsprose
- 15Chapter III: The Values of Marginal Social Net Products and the Size of the National Dividendprose
- 16Chapter IV: Rates of Return and the Values of Marginal Private Net Productsprose
- 17Chapter V: The Effects of Eliminating Obstacles to Movementprose
- 18Chapter VI: Hindrances to Equality of Returns Due to Imperfect Knowledgeprose
- 19Chapter VII: Hindrances to Equality of Returns Due to Imperfect Divisibility of the Units in Terms of Which Transactionsprose
- 20Chapter VIII: Hindrances to Equality of Returns Due to Relative Variations of Demand in Different Occupations and Placesprose
- 21Chapter IX: Divergences Between Marginal Social Net Product and Marginal Private Net Productprose
- 22Chapter X: Marginal Private and Social Net Products in Relation to Industrial Formsprose
- 23Chapter XI: Increasing and Decreasing Supply Priceprose
- 24Chapter XII: State Regulation of Competitive Pricesprose
- 25Chapter XIII: State Regulation of Suppliesprose
- 26Chapter XIV: The Conditions of Monopolisationprose
- 27Chapter XV: Monopolistic Competitionprose
- 28Chapter XVI: Simple Monopolyprose
- 29Chapter XVII: Discriminating Monopolyprose
- 30Chapter XVIII: The Special Problem of Railway Ratesprose
- 31Chapter XIX: Purchasers' Associationsprose
- 32Chapter XX: Intervention by Public Authoritiesprose
- 33Chapter XXI: Public Control of Monopolyprose
- 34Chapter XXII: Public Operation of Industriesprose
- 35Part III: The National Dividend and Labour, Chapter I: Industrial Peaceprose
- 36Chapter II: The Classification of Industrial Differencesprose
- 37Chapter III: Voluntary Arrangements for Conciliation and Arbitrationprose
- 38Chapter IV: MEDIATIONprose
- 39Chapter V: Coercive Interventionprose
- 40Chapter VI: An Analytical View of Industrial Peaceprose
- 41Chapter VII: Hours of Labourprose
- 42Chapter VIII: The Methods of Industrial Remunerationprose
- 43Chapter IX: The Distribution of Labour Among Occupations and Placesprose
- 44Chapter X: Employment Exchangesprose
- 45Chapter XI: Unemployment versus Short Timeprose
- 46Chapter XII: The Practicability of Interference to Raise Wagesprose
- 47Chapter XIII: Methods of Engaging Labourprose
- 48Chapter XIV: Interference to Raise Wages in Places and Occupations Where They Are Unfairprose
- 49Chapter XV: Fair Wages Inside Particular Industriesprose
- 50Chapter XVI: Fairness as a Variable Relationprose
- 51Chapter XVII: Interference to Raise Wages in Places and Occupations Where They Are Already Fairprose
- 52Chapter XVIII: Wage Rates and Capacityprose
- 53Chapter XIX: A National Minimum Time-wageprose
- 54Chapter XX: Fixed and Fluctuating Wage Rates in Particular Industriesprose
- 55Part IV: The Distribution of the National Dividend, Chapter I: The General Problem of Disharmonyprose
- 56Chapter II: PARETO'S LAWprose
- 57Chapter III: The Supply of Capital and Labourprose
- 58Chapter IV: Inventions and Improvementsprose
- 59Chapter V: The Manipulation of Wagesprose
- 60Chapter VI: RATIONINGprose
- 61Chapter VII: Subsidies to Wagesprose
- 62Chapter VIII: Direct Transferences from the Relatively Rich to the Relatively Poorprose
- 63Chapter IX: The Effect on the National Dividend of the Expectation of Transferences from the Relatively Richprose
- 64Chapter X: The Effect on the National Dividend of the Expectation of Transferences to the Poorprose
- 65Chapter XI: Bounties on Things Purchased by the Poorprose
- 66Chapter XII: The Effect on the National Dividend of the Fact of Transference from the Relatively Rich to the Poorprose
- 67Chapter XIII: A National Minimum Standard of Real Incomeprose
- 68Appendix I Uncertainty-bearing as a Factor of Productionprose
- 69Appendix II the Measurement of Elasticities of Demandprose
- 70Appendix III a Diagrammatic and Mathematical Treatment of Certain Problems of Competition and Monopoly, I Normal Supply prose
- 71II Many-firm Industriesprose
- 72III One-firm Industriesprose
- 73IV the Ideal Output in a Many-firm Industryprose
- 74V the Ideal Output in a One-firm Industryprose
- 75VI Demand Price and Marginal Demand Priceprose
- 76VII Simple Monopoly and Maximum Pricesprose
- 77VIII Some Problems of Discriminating Monopolyprose
- 78IX Methods of Industrial Remunerationprose
- 79X the Meaning of Exploitationprose