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Work in behavioural economics has questioned traditional measures for welfare. This book asks whether a different measure for individual welfare can, and should, be found. It explores whether a hedonistic view of welfare represents a viable alternative, and what its normative implications are.
This volume expands on the standard economic framework of 'global economy' by looking at the way in which economic life is framed by society and social relationships and investigates how social values influence and help determine economic values.
Explore the way society develops using the equally radical, but very different approaches of Thorstein Veblen and Karl Marx.
Poverty and inequality remain at the top of the global economic agenda, and the methodology of measuring poverty continues to be a key area of research. This new book, from a leading international group of scholars, offers an up to date and innovative survey of new methods for estimating poverty at the local level, as well as the most recent multidimensional methods of the dynamics of poverty.
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