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welfare economics

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
welfare economics
n (functioning as singular)
(Economics) the aspects of economic theory concerned with the welfare of society and priorities to be observed in the allocation of resources
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Sen is known "for his contributions to welfare economics" for his work on famine, human development theory, welfare economics, the underlying mechanisms of poverty, gender inequality, and political liberalism.
Cambridge University honours Nobel laureate Amartya Sen by Asian News International
When libertarian economist Bryan Caplan recently defended welfare economics and other aspects of neoclassical analysis from the criticisms of the Austrian school, he elicited an array of dissenting replies from such Austrians as Walter Block, Jorg Guido Hulsmann, and Edward Stringham.
Toward a libertarian reconstruction of neoclassical welfare theory by Hummel, Jeffrey Rogers / Journal of Private Enterprise
Welfare economics expert Dr Hugh Metcalf, deputy director of Newcastle University's Business School, said the figures reflected growing financial strength in the North East.
Keep the faith and get more children out of poverty trap; A NEW ... by Evening Chronicle (Newcastle, England)
 
 
 
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