Ian Kumekawa has written a useful guide to the thinking on welfare economics of the British economist Arthur Cecil Pigou, who held the Cambridge chair in political economy—preceded by Alfred Marshall ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

This is a preview. Log in through your library . Abstract The theory of government failure was developed as a reaction against Pigovian welfare economics and the Cambridge approach to economic policy ...

It is contended that Pigou's scientific `vision' in Industrial Fluctuations (1927) has much in common with that of modern business cycle theory. Both stressed, though to different degrees, the ...

An extra 290,000 pounds a year for lighting and cleaning because smog darkens and pollutes everything: with this cost estimate for the industrial city of Manchester, the English economist Arthur Cecil ...