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About this product
- DescriptionSir Edwin Chadwick (1800-1890) is hardly a household name among ecomists, although he is a well-kwn hero to sanitation engineers and utilitarian social reformers. His brilliant and cunning ideas relating to contemporary ecomic policy are illuminated for the first time in this pioneering study. The authors detail Chadwick's sophisticated conceptions of moral hazard, common pool problems, asymmetric information, and theory of competition, all of which differ starkly from those promulgated by Adam Smith and other classical ecomists. Also examined are Chadwick's views on government versus market role in dealing with problems created by natural mopoly, and whether some or all market problems justify government regulation or alterations of property rights. The authors investigate Chadwick's utilitarian approach to labor, business cycles, and ecomic growth, contrasting his modern view with those of his classical ecomic contemporaries. Chadwick's ermous output and cutting-edge methods undoubtedly establish him as an original and trenchant thinker in ecomic matters as well as a prophetic voice on contemporary issues in ecomics. This unique look at his less familiar research will interest academic regulatory ecomists, sociologists, students and scholars of law and ecomics, and all those interested in the fundamentals of social reform.
- Author BiographyRobert B. Ekelund Jr., Professor and Eminent Scholar Emeritus in Economics, Auburn University, US and Edward O. Price III, Professor Emeritus, Oklahoma State University, US
- Author(s)Jr,Robert B. Ekelund
- PublisherEdward Elgar Publishing Ltd
- Date of Publication31/07/2012
- SubjectEconomics: Professional & General
- Place of PublicationCheltenham
- Country of PublicationUnited Kingdom
- ImprintEdward Elgar Publishing Ltd
- Width234 mm
- Height156 mm
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