1: Utilitarian Economics 2: The Analysis of Consumers' Behaviour 3: The Choice Criterion 4: The Distribution of Welfare 5: Value Judgements and Welfare Economics 6: The New Welfare Economics (1): Welfare Criteria 7: The New Welfare Economics (2): The Economic Welfare Function 8: The 'Optimum' Conditions of Production and Exchange (1) 9: The 'Optimum' Conditions of Production and Exchange (2) 10: Indivisibilities and Consumers' Surplus 11: Output and Price Policy in Public Enterprise 12: The Valuation of the National Income 13: Welfare Theory and International Trade 14: Welfare Theory and Politics 15: Conclusions Appendices:
I.M.D. Little is Emeritus Fellow of Nuffield College, Oxford. He was made an Honorary Fellow of New College, Oxford in 1999. During his career he has held fellowships at All Souls College, Oxford, Trinity College, Oxford, and from 1971-7 was Professor of Economics of Underdeveloped Countries at the University of Oxford. Professor Little made his mark on theoretical economics with A Critique of Welfare Economics first published in 1950 by OUP.
`Review from previous edition A most useful piece of work, displaying both depth of philosophical insight and virtuosity in technical economics' Economica `Little has done an important service in clearing away much of the metaphysical rubble which has cluttered up this field of economic theory . . . with an elegance and precision of language which makes the tidying-up process almost at aesthetic pleasure on its own account.' Financial Times `270 pages of highly concentrated and subtle thinking' TLS `This book establishes [Little] as a thinker of the first flight and a fine economic theorist'' The Economist